I've completed part one, but I cannot get past part two or three. I've attached the excel spreadsheet that is mentioned. Assignment: "Before you move on to Part 2 and Part 3 below, you must first complete the following Excel Spreadsheet. You must complete the Income Statement tab and the Balance Sheet tab. Then, answer the following questions in Part 2 and Part 3 below. Part 2 After completing the Income Statement, you should be able to measure a companys COGS and its effect on the Gross Profit Margin (GPM). Based on your assessment of the firms Income Statement, you are to report to senior management on these key components: a. What is the markup on COGS? b. Compare this companys markup to a COGS Standard Industrial Classification 'norm' of 70%. What is the result? c. Explain how the difference in this companys markup and industry markup rates affect profitability, or levels of the GPM? Part 3 Based on your assessment of the firm's Balance Sheet, you are to report to senior management on these key components: a. What is the nature of this company's capital structure? Include percentages in your commentary. I.e., what percent of Total Liabilities (Debt) was used to finance Assets? b. Compare this companys capitalization structure, stated as a percent, to a Standard Industrial Classification - Industry norm of 50%. What is the result? c. To what extent is this company over or under leveraged ?