E$6-17($Algo$)$ Analyzing Gross Profit Percentage on the Basis of a Multistep Income Statement $[$LO $6-6]$

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The following data were provided by Mystery Incorporated for the year ended December $31$:

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Cost of Goods Sold$ $161,000$Income Tax Expense$16,590$Merchandise Sales $($gross revenue$)$ for Cash$232,000$Merchandise Sales $($gross revenue$)$ on Credit$40,400$Office Expense$18,600$Sales Returns and Allowances$6,810$Salaries and Wages Expense$38,600$

E$6-17($Algo$)$ Part $2$

$2-$a$.$ What was the dollar amount of gross profit?

$2-$b$.$ What was the gross profit percentage? $($Round your percentage to $1$ decimal place.$)$

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