Sellall Department Stores reported the following amounts as of its December 31 year-end: Administrative Expenses, $1,300; Cost of Goods Sold, \$21,000; Income Tax Expense, $2,000; Interest Expense, \$2,500; Interest Revenue, \$290; General Expenses, \$1,500; Net Sales, $37,500; and Delivery (freight-out) Expense, $390. Required: 1. Calculate the gross profit percentage. 2. How has Sellall performed, relative to the 24.5 percent gross profit percentage reported for Waimart in 2019 ? (You may select more than one answer. Single click the bok with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) ? Sellall Department Stores eamed a higher gross proft percentage than Waimart Z Walmart earned a higher gross profit percentoge than Selinil Department Stores 2. How has Sellall performed, relative to the 24.5 percent gross profit percentage reported for Walmart in 2019 ? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) ? Sellall Department Stores earned a higher gross profit percentage than Woimart. 7 Waimart eorned a higher gross profit percentage than Sellall Department Stores: Sellall includes more mark-up in the prices it charges customers than Waimart