https://www.mathal.com/Student/PlayerHomework.aspx?homeworkld=576725227&questionid=1&flushed-false&cd=& Business Finance CRN 16663 Save Homework: Chapter 4 Homework Score: 0 of 2 pts 3 of 6 (2 complete) HW Score: 33.33%, 3 of 9 pts >4-11 (similar to) Question Help (Related to Checkpoint 4.3) (Profitability analysis) Last year the P. M. Poster Corporation had sales of $405,000, with a cost of goods sold of $110,000. The firm's operating expenses were $129,000, and its increase in retained earnings was $68,780. There are currently 24,000 shares of common stock outstanding, the firm pays a $1.63 dividend per share, and the firm has no interest-bearing debt. a. Assuming the firm's earnings are taxed at 35 percent, construct the firm's income statement. b. Compute the firm's operating profit margin. a. Assuming the firm's earnings are taxed at 35%, construct the firm's income statement. Complete the income statement below: (Round to the nearest dollar.) Income Statement Revenues $ 405,000 (110,000) Cost of Goods Sold $ 129,000 Gross Profit Operating Expenses Net Operating Income Interest Expense Earnings before Taxes $ I $ Income Taxes Net Income $ Enter any number in the edit fields and then click Check Answer 1 part remaining Clear All Check Answer 10:47 PM 9/11/2020 Presch Home End POUP Pgon Del &