(Click the icon to view the accounts and balances.) Determine the gross profit percentage for the year ended December 31, 2024. Begin by selecting the formula labels to compute the gross profit percentage, then enter the amounts and compute the gross profit percentage. (Round your answer to the nearest tenth of a perc XX%) Gross profit Net sales revenue = Gross profit % Data table Selling Expenses $ 12,100 Interest Revenue 1,400 Net Sales Revenue Cost of Goods Sold 125,000 98,750 Administrative Expenses 10,500