Please help me to solve this with details.

The Alpha Company gathered the following condensed data for the year ended December 31, 2014:

Preferred stock dividends paid	$50,000
Net Sales	825,000
Interest revenue	10,000
Selling expenses	225,000
Administrative expenses	125,000
Cost of Goods Sold	400,000
Income tax percentage	30%

Instructions:

(1) Prepare a multiple-stepincome statement for the year ended December 31, 2014.

(2) Compute the gross margin percentage and net profit margin ratio. Alpha Companys assets at the beginning of the year were $1,500,000, and the assets were $1,400,000 at the end of the year. To qualify for full credit, you must state the formula you are using, show your computations, and explain your findings.