The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Mulberry Street Sportswear as they appear on the 12/31/14 adjusted trial balance. 
Required:
A)Prepare a multi-step income statement for 2014 for Mulberry Street Sportswear.
B)Compute the gross profit percentage for 2014 for Mulberry Street Sportswear.
Definitions:
Reactive Infants
Babies who show heightened responses to environmental or sensory stimuli, demonstrating increased sensitivity.
Personality
A characteristic way of thinking, feeling, and behaving that is unique to each individual and consistent over time.
Fraternal Twins
Siblings born at the same time as a result of two different eggs being fertilized by two different sperm.
Identical Twins
Siblings born from the same pregnancy who share all of their genetic material because they develop from a single fertilized egg that splits.
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