a company with gross receipts of $127,504,000. It carries average inventory of $5,347,000, has COGS of $76,874,000, has overall administrative, salary, and other expenses of $28,697,000, and depreciation of $16,500,000. What is the firm's net profit margin? (The correct answer is C, but I don't underestnad how to get the result. Based on my calcualtion I get 4%)

Choose all that are correct

a. $31,260,300

b. 24.5%

c. Both a. and b.

d. None of the above.