Required Information CP6-5 Preparing a Multistep Income Statement and Computing the Gross Profit Percentage [LO 6-6] [The following information applies to the questions displayed below.) Psymon Company, Inc., sells construction equipment. The annual fiscal period ends on December 31. The following adjusted trial balance was created from the general ledger accounts on December 31: Credits Debits $ 58, 780 24,400 89,000 66,000 Account Titles Cash Accounts Receivable Inventory Property and Equipment Accumulated Depreciation Accounts Payable Common Stock Retained Earnings, January 1 Sales Revenue Cost of Goods Sold Salaries and Wages Expense Office Expenses Interest Expense Income Tax Expense Totals $ 27.700 41,200 122,000 14,800 234, 200 136,400 23,400 24,400 3,680 13, 920 $439,900 $439,900 CP6-5 Part 2 2. Compute the gross profit percentage (Round your answer to 1 decimal place.) Gross Droit Percentage