Question 6: (Part A - 14 marks, Parts B & C - 3 marks each) (Total 20 Marks) A) Use the following information to prepare an Income Statement. Make sure to put in: The sales amount List all of the expenses separately and provide their description and amount Total the expenses Calculate the Net Income of the company B) What is the net profit margin of this company? What is the Return on Assets (ROA) for this company? Account Name Cash Supplies Inventory Equipment Accumulated Depreciation Equipment Accounts Payable Capital Sales Wages Expense Rent Expense Utilities Expense Depreciation Expense Marketing expense Balance 50,000 5,000 25,000 30,000 10,000 20,000 79,000 50,000 20,000 5,000 1,000 3,000 20,000