The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appear on the adjusted 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 $10,700 88,600 5,700 700 4,600 11,600 2,000 160,400 11,000 18,600 Required: a. Prepare a multistep income statement. b. Compute the gross profit percentage Complete this question by entering your answers in the tabs below Required ARequired B Prepare a multistep income statement. Mulberry Street Sportswear Income Statement For the Year Ended December 31