Anthony Thomas Candies (ATC) reported the following financial data for 2021 and 2020:

2021 2020

Sales $324,000 ,$286,000

Sales returns and allowances $8,400 ,$4,800

Net sales $315,600 ,$281,200

Cost of goods sold: Inventory, January,1st $61,000 ,$29,000

Net purchases $145,000 ,$139,000

Goods available for sale $206,000 ,$168,000

Inventory, December 31 $65,000 ,$61,000

Cost of goods sold $141,000 ,$107,000

Gross profit $ 174,600 ,$174,200

ATC's gross profit ratio (rounded) in 2021 is: (Round your answer to one decimal place e.g., 0.123 as 12.3%.)

Multiple Choice

A)55.3%.

B)56.8%.

C)None of these answer choices are correct.

D)57.8%.