E5-8 (Algo) Preparing a Classified (Multiple-Step) Income Statement and Computing the Gross Profit Percentage LO5-3 The following data were taken from the records of Township Corporation at December 31 of the current year: Required: 1. Prepere a complete, classified (multiple-step) income statement for the company (showing both gross profit and income from operations)- 2. What is the gross profit percentage? Complete this question by entering your answers in the tabs below. Prepare a complete classified (multiple-step) income statement for the company (shawing both gross profit and income from operations). Note: flound "Eamings per share" to 2 decimal places