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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 (gross revenue) on Credit Office Expense Sales Returns and Allowances Salaries and Wages Expense $ 174,000 20,412 258,000 45,6ee 19,90 7,590 43,800 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 Profil Percentage %

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