The following information is available for Example Company for the most recent fiscal year ending December 31. Cost of Goods Sold Income Tax Expense Utilities expense Other revenues and gains Salaries Expense Other expenses and losses Rent expense Product Sales $ 240,000 $ 35,000 $ 25,000 $ $ $ S $ 6,000 90,000 4,000 40,000 525,000 Required: -fill in the grey shaded cells below 1) Prepare a multi-step income statement for Example Company for fiscal year ending December 31. 2) Calculate the Gross Profit Margin/Rate and Net Profit Margin/Rate percentages.