Question $1$:

The president of Mackey Car Parts, Inc. has asked you to compare the company's profits performance and financial position with the average industry. The accounting office has given you the company's income statement and balance sheet.

$\backslash$table$[[\backslash$table$[[$MACKEY CAR PARTS, INC.$],[$Income Statement Compared with Industry Average$],[$For the Year Ended December $31,2023]]],[,$Mackey Car Parts,Industry Average$],[$Net sales,$$778,000,100\mathrm{.}0\%$