The following data were taken from the records of Township Corporation at December 31 of the current year: $85,000 30,000 5,900 Sales revenue Gross profit Selling (distribution) expense Administrative expense Pretax income Income tax rate Shares of stock outstanding 13,100 30% 4,300 Required: 1. Prepare a complete multiple-step income statement for the company. (Hint: Rely on the amounts and percentages given to infer missing values.) (Round "Earnings per share" to 2 decimal places.) TOWNSHIP CORPORATION Income Statement Operating expenses Total operating expenses Earnings per share 2. What is the gross profit percentage? (Enter your answer as a percentage rounded to 1 decimal place (i.e., 0.123 should be entered as 12.3).) Gross profit percentage