Required information

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Big Tommy Corporation is a local grocery store organized seven years ago as a corporation. The bookkeeper prepared the following statement at year$-$end $($assume that all amounts are correct, but note the incorrect format$)$:

$\backslash$table$[[,\backslash$table$[[$BIG TOMMY CORPORATION$],[$Profit and Loss$],[$December $31]],,],[$Net Sales,Debit,Credit,$],[$Cost of Goods Sold,$$279,000,,],[$Salaries and Wages Expense,$58,000,,],[$Office Expense,$16,000,,],[$Travel Expenses,$1,000,,],[$Income Tax Expense,$15,000,,],[$Net Profit,$35,000,,],[$Totals$,$$$404,000,$$$404,000,]]$

Compute the gross profit percentage. $($Round your answer to $1$ decimal place.$)$

Gross Profit Percentage

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