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18 Required Information The following information applies to the questions displayed below! Psymon Company, Inc, sells construction equipment. The annual fiscal period ends on December

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18 Required Information The following information applies to the questions displayed below! Psymon Company, Inc, sells construction equipment. The annual fiscal period ends on December 31. The following adjusted trial balance was created from the general ledger accounts on December 31 065 Credits $ 59,810 90,50 ook Afers Cash Accounts Receivable Inventory Property and Equipment Accumulated Depreciation Accounts Payable Common Stock Retained Earnings, January 1 Sales Revenue Cost of Goods Sold Salaries and Wages Expense Office Expenses Interest Expense Income Tax Expense Totals $ 28,100 41,900 124,000 15,000 238,400 138,800 2.3, 24,800 3,700 14,190 $447,400 $447,400 2. Compute the gross profit percentage. (Round your answer to 1 decimal place.) Gross Profil Percentage

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