Youflywithme.com reports the following income statement information for the current year All sales result from principal agent transactions Compare the financial statement presentation under the gross revenue and net revenue reporting approaches (Click the icon to view the financial data) Calculate gross profit by using gross revenue reporting and the net revenue reporting approaches (Enter a "O for any zero amounts Use a minus sign or parentheses for any numbers to be subtracted) Gross Method Net Method Revenues Cost of Revenues - Income Statement Gross Pront Youflywithme.com Incorporated Statement of Net Income For the Year Ended December 31 Revenue 500.000 Cost of Revenues 380,000 120.000 Gross Proft (Los) nic Print Done