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 $10,700 88,400 5,800 600 6,040 Rent Expense 11,800 Interest Expense 1,700 Sales Revenue 162,000 Sales Discounts 10,100 Sales Returns & Allowances 17,800 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 A Required B Prepare a multistep income statement. Mulberry Street Sportswear Income Statement