Maps 5 Graded Homework A Saved Help BIG TOMMY CORPORATION Profit and Loss December 31 Debit Credit $478,800 Net Sales Cost of Goods Sold Salaries and Wages Expense Office Expenses Travel Expenses Income Tax Expense Net Profit Totals $311,000 66,000 22,090 1,000 23,640 55,160 $478,800 $478,800 2. Compute the gross profit percentage. (Round your answer to 1 decimal place.) Gross Profit Percentage