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Use the following to answer questions 23 - 30 The company reported the following income statement results: 23. $ Calculate Net sales 24. $ Calculate

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Use the following to answer questions 23 - 30 The company reported the following income statement results: 23. $ Calculate Net sales 24. $ Calculate Cost of Goods Sold 25. $ Calculate operating income 26. S Calculate Income before Income tax (IBT) 27. Calculate income tax expense 28. \%. Calculate the gross profit margin (one decimal place) 29. %. Calculate the profit margin (one decimal place) 30. $ Assume the company had a $$2,000 LOSS (instead of the $35,000 gain) on the sale of equipment, determine IBT

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