Nicole$$s Getaway Spa $($NGS$)$ has been so successful that Nicole has decided to expand her spa by selling merchandise. She sells things such as nail polish, at$-$home spa kits, cosmetics$,$ and Palacetherapy items. Nicole uses a perpetual inventory system and is starting to realize all of the work that is created when inventory is involved in a business. The following transactions were selected from among those completed by NGS in August.

Aug. $2$ NGS sold $10$ items of merchandise to Salon World on account at a selling price of $$1,000($total$)$; terms $2/10,$ n$/30.$ The goods cost NGS $$650.$

$3$ NGS sold $5$ identical items of merchandise to Cosmetics $4$ You on account at a selling price of $$825($total$)$; terms $2/10,$ n$/30.$ The goods cost NGS $$400.$

$6$ Cosmetics $4$ You returned one of the items purchased on August $3.$ The item could still be sold by NGS in the future, and credit was given to the customer.

$10$ Collected payment from Salon World, fully paying off the account balance.

$20$ Sold two at$-$home spa kits to Meghan Witzel for $$300$ cash. The goods cost NGS $$96.$

$22$ Cosmetics $4$ You paid its remaining account balance in full.

Required:

$1.$ Prepare journal entries for each transaction. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

$2.$ Calculate the amount of Net Sales and Cost of Goods Sold for the transactions listed above. What is Nicole$$s Getaway Spa$$s gross profit percentage? $($Round your percentage answer to $1$ decimal place.$)$