$($a$)$

Prepare a multiple$-$step income statement. $($Enter negative amounts using either a negative sign preceding the number eg$.-45$ or parentheses e$.$g$.(45).)$

MARIGOLD COMPANY Income Statement

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List of Accounts

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Using multiple attempts will impact your score.

$5\backslash \%$ score reduction after attempt $2$

$($b$).$

Compute the gross profit rate. $($Round answer to $2$ decimal places, e$.$g$.25\mathrm{.}20\backslash \%.)$