The adjusted trial balance for Mighty Tire Inc., as of June 30, 2016, is presented next (Click the icon to view the adjusted trial balance.) Requirements 1. Prepare the multi-step income statement for June for Mighty Tire, Inc. 2. Calculate the gross profit percentage for June for Mighty Tire, Inc. 3. What does Mighty Tire Inc.'s gross profit percentage mean? Requirement 1. Prepare the multi-step income statement for June for Mighty Tire, Inc. Mighty Tire, Inc. Income Statement For the Month Ended June 30, 2016 Less Net income (loss)