Financial statement data for Peachtree Boutique $($a high$-$end clothing retail company$)$ are given below. All figures are in dollars. Use this data to construct an Income Statement for the year ending December $31,2023,$ and use your constructed statement to answer the following $4$ questions. $13.$ What was gross profit from Peachtree Boutique$$s income statement for the year ending December $31,2023?14.$ What was operating profit $($i$.$e$.,$ EBIT$)$ from Peachtree Boutique$$s income statement for the year ending December $31,2023?15.$ What was profit before taxes $($i$.$e$.,$ EBT$)$ from Peachtree Boutique$$s income statement for the year ending December $31,2023?16.$ What was net income from Peachtree Boutique$$s income statement for the year ending December $31,2023?17.$ In $2023,$ Cherry Tree Boutique $($a retail clothing company$)$ sold $257,000$ units of its product at an average price of $$40\mathrm{.}00$ per unit. The company reported estimated returns and allowances in $2023$ of $2\mathrm{.}5$ percent of gross revenue. Cherry Tree Boutique actually purchased $252,000$ units of its product from its manufacturer in $2023$ at an average cost of $$25\mathrm{.}00$ per unit. Cherry Tree Boutique began $2023$ with $62,000$ units of its product in inventory $($carried at an average cost of $$25\mathrm{.}00$ per unit$).$ Operating expenses $($excluding depreciation$)$ for Cherry Tree Boutique in $2023$ were $$1,861,000$ and depreciation expense was $$100,000.$ Cherry Tree Boutique had $$3,400,000$ in debt outstanding throughout all of $2023.$ This debt carried an average interest rate of $8\mathrm{.}6$ percent. Finally, Cherry Tree Boutique$$s tax rate was $30$ percent. Cherry Tree Boutique's fiscal year runs from January $1$ through December $31.$ Given this information, compute net income for Cherry Tree Boutique for $2023.18.$ Referring back to the previous problem, compute Cherry Tree Boutique$$s ending inventory balance for $2023($that is$,$ what did Cherry Tree Boutique report as inventory on its December $31,2023$ balance sheet$).$ Advertising $82,300$ Beginning of year inventory $193,340$ Depreciation $26,020$ Dividends paid to common stockholders $22,640$ End of year inventory $64,350$ General and administrative expenses $34,560$ Gross sales $2,146,800$ Interest expense $8,350$ Lease payments $19,860$ Management salaries $102,780$ Purchases $407,300$ Research and development $1,930$ Returns and allowances $6,960$ Taxes $20,$