please answer all part otherwise dont answer i need all part answered please

2017 2016 Income Statement Sales Revenue Cost of Goods Sold $111, Bee $10e, een 52,400 48,400 Gross Profit Operating Expenses Interest Expense 58,680 36,300 4.100 51,600 33,300 4,100 Income before Income Tax Expense Income Tax Expense (30%) 18,200 5,460 14,200 4,269 Net Income 5 12,740 $9,940 Balance Sheet Cash Accounts Receivable, Net Inventory Property and equipment, Net $ 53,666 $ 15,980 38,000 32,500 25,500 39,000 97,000 107,000 Total Assets $214, 166 $194,480 Accounts Payable Income Tax Payable Note Payable, Long-Term $ 48,016 $ 34,870 1,010 510 41.000 41,000 Total Liabilities Contributed Capital (9,050 shares) Retained Earnings 90,026 90,500 33,640 76,380 90,500 27,600 Total abilities and Shareholders' Equity 5214,166 $194,480 Total Liabilities and Shareholders' Equity $214,166 $194,480 One-half of all sales are on credit. touring 2017. cash dividends amounting to $6.700 were declared and paid. Required: 1-a. Compute the gross profit percentage in 2017 and 2016. (Round your answers to 1 decimal place.) Gross Profit Percentage % 2017 2016 % 1-b. Is the trend going in the right direction? 1-b. Is the trend going in the right direction? O No Yes 2-o. Compute the net profit margin for 2017 and 2016. (Round your answers to 1 decimal place.) Net Profit Margin 2017 2016 2-b. Is the trend going in the right direction? No Yes Book 3-o. Compute the earnings per share for 2017 and 2016. (Round your answers to 2 decimal places.) Print ces Earnings per Share 2017 2016 3-b. Does the trend look good or bad? O Good O Bad