Use the following to answer questions $27-34$

The company reports the following amounts in its December $31,20$XF income statement:

: Determine gross profit:

$)$etermine operating expenses:

$ Jetermine Income before income taxes $($IBT$)$:

$$ Jetermine net income:

$,\%.$ Calculate gross profit ratio $($one decimal place$)$

$\_\_\_\%.$ Calculate the profit margin $($one decimal place$)$

$$-$lculate Earnings per Share $($two decimal places$)$

fending inventory consisted of $$32,000$ and beginning inventory was $$40,000$ how much inventory

was purchased during the year?