REVIEW: Use the following to answer questions 28 - 32 T&J Corp reports the following income statement results: Gross profit Interest expense Sales discounts Net Sales Operating expense Effective tax rate $367,200 1,500 25,000 850,000 240,200 35% 28. $. Calculate Sales. 29. $ _Calculate Income before Income tax (IBT). 30. $. _Calculate net income. 31. % Calculate the gross profit margin (one decimal place) 32. % Calculate the profit margin (two decimal places)