Sellall Department Stores reported the following amounts as of its December 31 year-end: Administrative Expenses, $1,500, Cost of Goods Sold, $28,800; Income Tax Expense, $2,200; Interest Expense, $2,700; Interest Revenue, $310, General Expenses, $1,700: Net Sales, $45,000; and Delivery (freight-out) Expense, $410. Required: 1. Calculate the gross profit percentage. Numerator Denominator Gross Profit Percentage