Required information E6-18 (Algo) Analyzing Gross Profit Percentage on the Basis of an Income Statement [LO 6-6] [The following information applies to the questions displayed below.] Thao \& Parker, prides itself as being the "world's leading marketer of U.S. branded non-athletic footwear." The followir data (in millions) were reported for the second quarter of 2019: E6-18 (Algo) Part 1 1. Prepare a multistep income statement. (Enter your answers in militons (1.e., 10,000,000 should be entered as 10).) 1. Prepare a multistep income statement. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Required Information E6-18 (Algo) Analyzing Gross Profit Percentage on the Basis of an Income Statement [LO 6-6] [The following information applies to the questions displayed below.] Thao \& Parker, prides Itself as being the "world's leading marketer of U.S. branded non-athletic footwear." The following data (in millions) were reported for the second quarter of 2019: E6-18 (Algo) Part 2 2-a. How much was the gross profit? (Enter your answer in millions.) 2-b. What was the gross profit percentage? (Round your percentage to 1 decimal place.) Required information E6-18 (Algo) Analyzing Gross Profit Percentage on the Basis of an Income Statement [LO 6-6] [The following information applies to the questions displayed below] Thao \& Parker, prides itself as being the "world's leading marketer of U.S. branded non-athletic footwear". The following data (in millions) were reported for the second quarter of 2019: E6-18 (Algo) Part 3 3. Did the gross proft percentage in the current quarter improve, or decline, relative to the 38.8% gross profit percentage in the prior quarter? Improve Decline