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! Required information [ The following information applies to the questions displayed below. ] Reyes Company, prides itself as being the world's leading marketer of

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[The following information applies to the questions displayed below.]
Reyes Company, 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:
Net Sales
Income Tax Expense
Dividends
Salaries and Wages Expense ,435
Cost of Goods Sold 825
Interest Expense
$1,360
28
23
435
825
.41
Prepare a multistep income statement. (Enter your answers in millions (i.e.,10,000,000 should be entered as 10).)
\table[[\table[[Reyes Company],[Income Statement]],],[,],[,(in millions)],[,],[,],[,],[,],[,],[,]]
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.)
\table[[2-a. Gross Profit,,million],[2-b. Gross Profit Percentage,,%
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