The following account information, in alphabetical order, was taken from the worksheet of Compu-Soft for the month ended November 30, 2023. Adjusted Trial Balance Account Debit Credit 201 Accounts payable $ 840 106 Accounts receivable $ 1,290 166 Accumulated depreciation, store equipment 5,500 101 Cash 2,550 502 Cost of goods sold 15,700 612 Depreciation expense, store equipment 120 301 Peter Delta, capital 4,275 302 Peter Delta, withdrawals 5,500 406 Rent revenue 3,400 413 Sales 30,300 415 Sales discounts 45 414 Sales returns and allowances 810 165 Store equipment 8,100 690 Utilities expense 3,000 623 Wages expense 7,200 Totals $ 44,315 $ 44,315 Required: Prepare a multiple-step income statement for the month ended November 30, 2023. Analysis component: Assume that for the month ended October 31, 2023, net sales were $38,000, cost of goods sold was $25,200, and income from operations was $8,900. Calculate the companys gross profit ratios for October and November. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)