Bonds Company For the Year Ended December 31, 2016 31, 2016 Rev Net Sales 5800,000 penses Cost of Goods Sold Selling Expenses Administrative Expenses Interest Expense Total Expenses Net Income (Low) 5250.000 135,000 36,000 41.500 492.800 5307.200 the income statement were prepared in a multiple step format the gross profit percent (roundest to the nearest percent) would be