The following information was developed from the financial statements of Donelson, Incorporated. At the beginning of 2024 , the company's former supplier went bankrupt, and the company began buying merchandise from another supplier. a. Compute the net sales for each year. b. Compute the cost of goods sold in dollars and as a percentage of net sales for each year.Note: Round your answer to nearest whole percentage. c. Compute operating expenses in dollars and as a percentage of net sales for each year. (Income taxes expense is not an operating expense.) d. Prepare a condensed comparative income statement for 2023 and 2024. Include the following items: net sales, cost of goods sol gross profit, operating expenses, operating income, income taxes expense, and net income. Omit earnings per share statistics. e. Identify the significant favorable and unfavorable trends in the performance of Donelson, Incorporated. Complete this question by entering your answers in the tabs below. Compute the net sales for each year. Compute the cost of goods sold in dollars and as a percentage of net sales for each year. Note: Round your answer to nearest whole percentage. Compute operating expenses in dollars and as a percentage of net sales for each year. (Income taxes expense is not an operating expense.) Note: Round your answer to nearest whole percentage. Prepare a condensed comparative income statement for 2023 and 2024. Include the following items: net sales, cost of goods sold, gross profit, operating expenses, operating income, income taxes expense, and net income. Omit earnings per share statistics. Identify the significant favorable and unfavorable trends in the performance of Donelson, Incorporated. The following information was developed from the financial statements of Donelson, Incorporated. At the beginning of 2024 , the company's former supplier went bankrupt, and the company began buying merchandise from another supplier. a. Compute the net sales for each year. b. Compute the cost of goods sold in dollars and as a percentage of net sales for each year.Note: Round your answer to nearest whole percentage. c. Compute operating expenses in dollars and as a percentage of net sales for each year. (Income taxes expense is not an operating expense.) d. Prepare a condensed comparative income statement for 2023 and 2024. Include the following items: net sales, cost of goods sol gross profit, operating expenses, operating income, income taxes expense, and net income. Omit earnings per share statistics. e. Identify the significant favorable and unfavorable trends in the performance of Donelson, Incorporated. Complete this question by entering your answers in the tabs below. Compute the net sales for each year. Compute the cost of goods sold in dollars and as a percentage of net sales for each year. Note: Round your answer to nearest whole percentage. Compute operating expenses in dollars and as a percentage of net sales for each year. (Income taxes expense is not an operating expense.) Note: Round your answer to nearest whole percentage. Prepare a condensed comparative income statement for 2023 and 2024. Include the following items: net sales, cost of goods sold, gross profit, operating expenses, operating income, income taxes expense, and net income. Omit earnings per share statistics. Identify the significant favorable and unfavorable trends in the performance of Donelson, Incorporated