Required: $1.$ Prepare journal entries for above transactions. Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. $2.$ Based only on these quarterly transactions, prepare a classified income statement $($with income from operations determined separately from other items$)$ for the quarter ended September $30.3.$ Calculate the net profit margin ratio at September $30.$ Note: Enter your percentage answer with $1$ decimal place $($i$.$e$.,32\mathrm{.}1).$