After reviewing Tom's Trucks' comparative Income Statements for the years ended December 31, 2019 and 2018 only, which of the following is true? Tom's Trucks Income Statement For the Years Ended December 31, 2019 and 2018 Sales Cost of Goods Sold 2019 2018 535,000 1,060,000 353,500 870,000 181,500 190,000 Gross Profit 13,000 14,500 52,600 35,400 Operating Expenses: Wage Expense Rent Expense Total Operating Expenses Income Before Income Taxes Income Tax Expense 67,100 114,400 34,320 80,080 48,400 141,600 49,560 92,040 Net Income i. Tom's Trucks gross profit margin increased from 2018 to 2019. ii. Tom's Trucks net profit margin was higher in 2019 than 2018. iii. If a customer spends $30,000 on a truck from Tom's Trucks in 2019, Tom's Trucks would earn approximately $10,178 of Gross Profit. Only ii is true They are all true O Only i is true O i and iii are only true. O i and ii are only true