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! Required information (The following information applies to the questions displayed below.) The following data were provided by Mystery Incorporated for the year ended December
! Required information (The following information applies to the questions displayed below.) The following data were provided by Mystery Incorporated for the year ended December 31: 53 Cost of Goods Sold Income Tax Expense Merchandise Sales (gross revenue) for Cash Merchandise Sales (gross revenue) on Credit Office Expense Sales Returns and Allowances Salaries and Wages Expense $ 166,000 18,060 242,800 42,400 19, 100 7,110 40,600 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.) 2-a. Gross Profit 2-b. Gross Profit Percentage %
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