Take me to the text The income statement of Laranda Corporation for the years 2019 and 2020 showed the following information 2020 2019 Sales $94,000 $81,000 Cost of Goods Sold $67,000 $49,000 Gross Profit $27,000 $32,000 a) Calculate the gross profit margins for both years. Do not enter dollar signs or commas in the input boxes. Round the gross profit margin to 2 decimal places, 2020 2019 Gross Profit Margin % 96 b) In which year does Laranda Corporation have a better gross profit margin? Year: 2019 Check O here to search