Sales ($ K2 500 100 ISO Cost of goods sold Salaries Utilities Rent 6 o no Insurance Mortgage interest 20 Loan interest 10 18 Depreciation expense Advertising expense Taxable income 152 Income taxes (35%) 53.2 Net income 98.8 The net profit margin is 30.4% 3. 24.7% 19.8% 24.4%