Nordstrom, Incorporated, is a leading fashion retailer that offers customers an extensive selection of high-quality fashion brands focused on apparel, shoes, cosmetics, and accessories for women, men, young adults and children. The items reported on its income statement for an earlier year (ended February 1) are presented here (dollars in millions) in simplified form in alphabetical order: Required: a. Prepare a classified (multiple-step) consolidated income statement (showing gross profit, operating income, and income before income taxes). b. What is the gross profit percentage? \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ NORSTROM, INCORPORATED } \\ \hline Consolidated Income Statement \\ \hline (In Millions Except per Share Amounts) \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline & \\ \hline Earnings per share: & \\ \hline Earnings per share & \\ \hline Weighted average shares outstanding \\ \hline \end{tabular} What is the gross profit percentage? Note: Round your answer to nearest whole percent (i.e., 0.1234 should be entered as 12)