Problem 6-204 [LO 6-6] The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appear on the adjusted trial balance as of December 31. Advertising Expense Cost of Goods Sold Delivery Expense Insurance Expense Income Tax Expense Rent Expense Interest Expense Sales Revenue Sales Discounts Sales Returns & Allowances $11,700 88,500 4,800 1,500 5,760 11,100 1,200 161,400 10,800 17,400 Required: a. Prepare a multistep income statement. b. Compute the gross profit percentage