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The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appear on the adjuste trial balance as

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The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appear on the adjuste trial balance as of December 31. Advertising Expense Cost of Goods Sold Delivery Expense Insurance Expense Income Tax Expense Rent Expense Interest Expense Sales Revenue Sales Discounts Sales Returns & Allowances $10,300 89,000 5,200 700 6,400 10,700 1.800 161,900 11,000 17,200 Required: a. Prepare a multistop income statement b. Compute the gross profit percentage Complete this question by entering your answers in the tabs below. Mulberry Street Sportswear Income Statement mcyulicu. a. Prepare a multistep income statement. b. Compute the gross profit percentage. Complete this question by entering your answers in the ta Required A Required B Compute the gross profit percentage. (Round your answer to Gross Profit

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