REVIEW: Use the following to answer questions 28 - 32 T&JR Corp reports the following income statement results: Gross profit Interest expense Sales discounts Net Sales Operating expense Effective tax rate 28. $ 29. $ 30. $ $302,325 2,000 10,250 695,500 210,525 20% 32. Calculate Sales. Calculate Income before Income tax (IBT). Calculate net income. 31. % Calculate the gross profit margin (one decimal place) % Calculate the profit margin (two decimal places)

REVIEW: Use the following to answer questions 2832 T\&J Corp reports the following income statement results: 28. calculate Sales. 29. Calculate income before income tax (18T). 30. Calculate net income. 31. \%. Calculate the gross profit margin (one decimal place) 32. 96 Calculate the profit margin (two decimal places)