Question 5) Presented below is information for Zhou Co. for the month of February 2021. Cost of goods sold $212,000 Freight-out $ 7,000 Insurance expense 22.000 Salaries and wages expense 60,000 Rent expense 32,000 Sales discount 8,000 Sales return and allowances 10,000 Sales revenue 370,000 Instructions (in color): A. Prepare a multi-step income statement. Assume a 25% tax rate. B. Calculate the profit margin and the gross profit rate (make sure final answer is 2 decimals as a %)