Use the following to answer the questions DO NOT INCLUDE COMMAS OR DOLLAR SIGNS IN YOUR ANSWERS Sales $910,000 Loss on sale of equipment $8,000 Cost of goods sold $495,000 Operating expense $175,000 Sales returns & allowances $15,000 Income tax expense $54,250 Calculate Net sales Calculate operating income let income Calculate Net sales Calculate operating income Calculate Net income Calculate the net profit margin, rounded to 2 decimal places Next Previous