Connect-Class ACC120 Phx 2Ch-6, 6 arn #2 (Ch 4-6, 6th Ed Help Save& Exit The following is a listing of all of the income statement accounts for Mulberry Street Sportswear as they appeor on the adjusted trial balance as of December 31. Advertising Expense Cost of Goods Sold Delivery Expense Insurance Expense $10,200 88,700 4,900 1,100 5, 800 11,600 1,300 161,600 10,800 18.500 Gens) ncome Tax Expense Rent Expense Isterest Expense Sales Revenoe Sales Discounta Sales Returns& Allovances Required: a. Prepare a multistep income statement. b. Compute the gross profit percentage. Complete this question by entering your answers in the tabs below. Required A Required & Prepare a multistep income statement. 2 3 4 6 8