Question 1 of 1 > > (To record sales List of Accounts Post the transactions to T-accounts. Be sure to enter the beginning cash and common stock balances. (Post entries in the order of Journal entries posted in part al. Round answers to decimal places, s. 5275.) Cash C Accounts Receivable Accounts Payable Common Stock Sales Revenue Sales Returns and Allowances Sales Discounts Cost of Good Sold e Textbook and Media e Textbook and Media List of Accounts Prepare an income statement through gross profit for the month of May 2017. (Round answers to decimal places, eg: 5.275) WINTERS HARDWARE STORE Income Statement (Partial) e Textbook and Media List of Accounts Calculate the profit margin and the gross proftrate (Assume operating expenses were $1540) Round answers to 1 decimal place, 15.5%) Profit margin Grossprotte eTextbook and Media List of Accounts