Required information The following information applies to the questions displayed below.) Below are amounts found in the income statements of three companies. Sales Revenue $14,000 17.000 22.000 Company Henry Grace James Cost of Goods Sold $ 4,200 11,900 13,640 Operating Expenses $4,100 6,100 2,100 Non-operating Expenses $ 1.100 3.100 Income Tax Expense $1.100 2,100 Required: 1. For each company, calculate (a) gross profit, (b) operating income, (c) income before income taxes, and (d) net income. (Negative amounts should be indicated by a minus sign.) Gross Profit Operating Income Income Before Income taxes Net Income LOSS Required information [The following information applies to the questions displayed below.) Below are amounts found in the income statements of three companies. Sales Revenue $14,000 17,000 22,000 Company Henry Grace James Cost of Goods Sold $ 4,200 11,900 13,640 Operating Expenses $4,100 6,100 2,100 Non-operating Expenses $1,100 3,100 Income Tax Expense $1,100 2,100 2-a. For each company, calculate the gross profit ratio. Gross Profit Ratio Henry Grace James