Excerpts from Hulkster Company's December 31, 2024 and 2023, financial statements are presented below. 2023 Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity Net income Hulkster's 2024 profit margin is closest to: Multiple Choice 13.5%. 17.1%. 4.5%. 7.6% 2024 $ 40,000 $ 36,000 28,000 190,000 35,000 186,000 114,000 108,000 425,000 405,000 32,500 240,000 225,000 28,000