Google Search Check my work Requirea information E3-20 Inferring Transactions, Creating Financial Statements, and Calculating Net Profit Margin [LO 3-3, LO 3-5) [The following information applies to the questions displayed below.) An analysis of transactions made during July by NepCo, an Internet service provider, during its first month of operations is shown below. Increases and decreases affecting revenues and expenses are explained. Assets Liabilities Accounts Stockholders' Equity Cash Receivable Accounts Supplies Equipment (a) Payable Common Stock Retained Earnings +11,000 (b) +11,000 +710 -710 Utilities expense (c) +5,000 +5,000 Service revenue (d) -6,000 +10,000 +4,000 (e) +1,000 +1,000 Service revenue (f) +550 +550 (g) -3,000 -3,000 (h) -2,000 -2,000 wage expense (i) -750 -750 Rent expense () +1,500 -1,500 3,500 550 10,000 2,260 1,750 11,000 2,540 E3-20 Part 3 3-a. Calculate the net profit margin, expressed as a percent. (Round your answer to 1 decimal place.) Net Profit Margin %