Required information E3-20 (Algo) Analyzing, Recording, and Evaluating the Effects of Income Statement Transactions [LO 3-3, LO 3.4, LO 3-5] [The following information applies to the questions displayed below] MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. E3-20 (Algo) Part 6 6. Based on the financial statements prepored in requirement 5 , determine whether the owner met her 10 percent net profit margin goal as of December 31 . (Round your answer to 1 decimal place.)