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The following summarized data were provided by the records of Mystery Incorporated for the year ended December Required: 1. Based on these data, prepare a multi-step income statement for internal reporting purposes. nment \#5 - Chapter 6 i Activate Windows Go to Settings to activate W 2-a. What was the amount of gross profit? 2-b. What was the gross profit percentage? 2-c. Which of the following(s) is true? (Select all that apply.) The gross profit percentage is the average amount of gross profit earned on each dollar of net purchase. The gross profit is cost of goods sold minus net sales revenue. The gross profit is net sales revenue minus cost of goods sold. The gross profit percentage is the average amount of gross profit earned on each dollar of net sales. 3. Did the gross profit percentage in the current year improve, or decline, relative to the 49 percent gross profit percentage in the prior year