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Required information Skip to question [The following information applies to the questions displayed below.] The following data were provided by Mystery Incorporated for the year

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[The following information applies to the questions displayed below.]

The following data were provided by Mystery Incorporated for the year ended December 31:

Cost of Goods Sold $ 156,000
Income Tax Expense 15,120
Merchandise Sales (gross revenue) for Cash 222,000
Merchandise Sales (gross revenue) on Credit 38,400
Office Expense 18,100
Sales Returns and Allowances 6,510
Salaries and Wages Expense 36,600

2-a. What was the dollar amount of gross profit?

2-b. What was the gross profit percentage? (Round your percentage to 1 decimal place.) the gross profit is not 55.28

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