Using the Income Statement below, what is the Profit Margin (PM): Sales: $30,710 Cost of goods sold: $18,470 Depreciation: $6,132 Interest: $744 Taxes: $1,824 Net income: $3,540 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 0.92 b 0.11 1.01 d 1.91