AP Financial information follows for three different companies:

Natural Cosmetics

Family Grocery

SE Footwear

Sales

$$215,000$

$$\hspace{1em}\hspace{1em}($e$)$

$$275,000$

Sales returns and allowances

$($a$)$

$25,000$

$20,000$

Net sales

$201,000$

$335,000$

$($i$)$

Cost of goods sold

$99,000$

$($f$)$

$($j$)$

Gross profit

$($b$)$

$195,000$

$150,000$

Operating expenses

$45,000$

$($g$)$

$95,000$

Profit from operations

$($c$)$

$($h$)$

$($k$)$

Other expenses

$5,000$

$10,000$

$($l$)$

Profit for the year

$($d$)$

$63,000$

$41,000$

Instructions

Determine the missing amounts.

Prepare a multiple$-$step income statement and calculate gross profit margin.