Strider Outfitters declared and paid a cash dividend of $$8,100$ in the current year. Its comparative financial statements, prepared at December $31,$ reported the following summarized information:

$2$

points

References

Print

Income Statement

Sales Revenue

Cost of Goods Sold

Gross Profit

Operating Expenses

Interest Expense

Income before Income Tax Expense

Income Tax Expense $(30\%)$

Net Income

Balance Sheet Cash

Accounts Receivable, Net

Inventory

Property and Equipment, Net

Total Assets

Accounts Payable

Income Tax Payable

Notes Payable $($long$-$term$)$

Total Liabilities

Common Stock $($par $$10)$

Retained Earnings

Total Liabilities and Stockholders' Equity

Current Year Previous Year

$\backslash$table$[[$$$185,000,$$$159,000$ Complete this question by entering your answers in the tabs below.

Required $1$Required $2$Required $3$Required $4$Required $5$Required $6$Required $7$Required $8$

$1-$a$.$ Compute the gross profit percentage in the current and previous years. $($Round percentage values to $1$ decimal place.$)$

$1-$b$.$ Are the current$-$year results better, or worse, than those for the previous year?

$1-$a$.$ Current Year $\%$

$1-$a$.$ Previous Year $\%$

$1-$b$.$ Current year gross profit percentage?