SC reports the following income statement results:

Sales	$907,000
Operating expense	288,400
Net income	94,500
Sales returns & allowances	7,000
Gross profit	401,400
Interest revenue	4,000

34. $____________Calculate Net sales:

35. $____________Calculate Cost of Goods Sold

36. $____________Calculate operating income

37. $_____________Calculate Income before Income tax (IBT)

38. ___ ___.___%. Calculate the gross profit margin(one decimal place)

__ ___.___%. Calculate the net profit margin (one decimal place