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 t $ 10,900 87,900 4,800 900 5,800 10,900 1,800 160,900 Sales Discounts 10,500 Sales Returns & Allowances 18,700 Required: a. Prepare a multistep income statement. Include all operating expenses in one line item called "Selling, General and Administrative. Expenses" and all non-operating revenues(expenses) in one line item called "Other Revenue (Expenses), net". b. Compute the gross profit percentage. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a multistep income statement. Include all operating expenses in one line item called "Selling, General and Administrative Expenses" and all non-operating revenues(expenses) in one line item called "Other Revenue (Expenses), net". Sales Revenue MULBERRY STREET SPORTSWEAR Income Statement At December 31 Sales Retums and Allowances Sales Discounts Cost of Goods Sold Gross Profit Advertising Expense Income before Income Tax Expense