F. Complete the table ( 12 points ) - Calculate Net Sales, Gross Profit, Profit/Loss and Gross Profit Ratio for each of the following: A B Sales $ 20,000 $ 105,000 $398,421 Sales discounts 1,500 24,200 53,456 Sales returns & allowances 500 6,700 28,734 Net sales Cost of goods sold 10,000 40,050 168,116 Gross Profit Operating expenses 5,000 36,100 78,432 Net Profit/loss College Gross Profit Ratio (round off to two decimal places)