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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

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

850

106

Accounts receivable

166

Accumulated depreciation, store equipment

1,300

101

Cash

5,600

2,600

502

Cost of goods sold

15,800

612

Depreciation expense, store equipment

130

301

Peter Delta, capital

4.550

302

Peter Delta, withdrawals

5,600

406

Rent revenue

30.500

413

Sales

415

Sales discounts

50

414

Sales returns and allowances

820

165

Store equipment

8.200

690

Utilities expense

3.100

623

Wages expense

7.300

Totals

44.900

S

44.900

Required:

Prepare a multiple-step income statement for the month ended November 30, 2023.

Analysls component:

Assume that for the month ended October 31, 2023, net sales were $39,000, cost of goods sold was $26,200, and income from operations was $9,000. Calculate the company's gross profit ratlos for October and November. (Do not round Intermediete calculations. Round your final enswers to 2 decimal places.)

Gross Profit

October

%

November

%

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