The following account information, in alphabetical order, was taken from the worksheet of Compu$30,2023.$

Required:

$1.$ Prepare a multiple$-$step income statement for the month ended November $30,2023.$

$2.$Assume that for the the Month ended october $31,2023,$ net sales were $$42,000,$ cost of goods sold was $$29,200,$ and income from operations was $$9,300.$ Calculate the companies gross profit ratios for October and November.