18) please help

The following is a summary of information presented on the financial statements of a company on December 31, 2025. Account Net Sales Revenue Cost of Goods Sold Gross Profit Selling Expenses Net Income Before Income Tax Expense Income Tax Expense Net Income 2025 $601,000 456.000 145.000 51.000 94.000 39.000 $55,000 2024 $505,000 405.000 100,000 54.000 46,000 23.000 $23,000 With respect to gross profit, a horizontal analysis reveals (Round your answer to two decimal places O A. an increase of 45% OB. an increase of 31.03% O C. an increase of 19.8% OD. an increase of 24.13%