Use the following to anwwer questlons 2229 G.4T Corporation reports the following amounts in its December. 11, 200 income statement: 22. 5 Determine Sales 23. 5 Determine gross profit 24. $ Determine operating expenses 25. 5 Determine income before income taxes (IBT) 26. $ Determine Income tax expense 27. 5 Determine net income 28. \% Calculate gross profit ratio (round to one decimal place). 29. Comparing GHT's common sized income statement with its competitor. The competitor's gross margin is 40.0%, which company is doing better