Excerpts from Stealth Company's December 31, 2021 and 2020, financial statements are presented below: Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 $40,000 28,000 190,000 114,000 425,000 240,000 32,500 2020 $36,000 35,000 186,000 108,000 405,000 225,000 28,000 Stealth Company's 2021 gross profit ratio is: Select one: A. 40.0% B. 60.0% C. 77.1% D. 80.0%