Anthony Thomas Candles (ATC) reported the following financial data for 2018 and 2017: 2018 $305,000 9.000 $296 000 2017 $284,000 16.000 $278,000 Sales Sales returns and allowances Net sales Cost of goods sold Inventory, January 1 Net purchases Goods available for sale Inventory. December 31 Cost of goods sold Gross profit 43,000 152.000 195.000 574000 138.000 $ 158,000 36.000 146.000 182.000 40 000 139,000 $139,000 ATOs gross profit ratio (rounded) in 2018 15 51.9% 0 50.3% 53.4% None of these answer choices are correct