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

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10 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. 8 02:41:39 Advertising Expense Cost of Goods Sold Delivery Expense Insurance Expense Income Tax Expense Rent Expense Interest Expense Sales Revenue Sales Discounts Sales Returns & Allowances $10,100 87,300 4,300 600 7,440 11,100 1,600 161,600 9,500 18,500 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

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