Allstate Moving Company reported the following amounts on its balance sheet as of December 31, 2019 and December 31, 2018:

	2019	2018
Cash and Receivables	$85,000	$155,000
Merchandise Inventory	235,000	230,000
Property, Plant and Equipment, net	830,000	740,000
Total Assets	$1,150,000	$1,125,000
Total Liabilities	$495,000	$395,000

For the vertical analysis, what is the percentage of current assets as of December 31, 2019? (Round your answer to two decimal places.)

A.

38.55%

B.

27.83%

C.

34.22%

D.

52.03%