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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 31

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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 31 Cost of Goods Sold Income Tax Expense Merchandise Sales (gross revenue) for cash Merchandise Sales (cross revenue) on Credit office Expenses Sales Returns and Allowances Salaries and wages Expense $164.000 17,470 338,000 41,600 13,900 6,990 19.00 What was the amount of gross profit? 2.b. What was the gross profit percentage? (Round your percentage to 1 decimal place) 2-a Gross Profit 2. Gross Proft Percentage

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