Excerpts from TPX Company's December 31, 2021 and 2020, financial statements are presented below. points Accounts receivable Inventory Net sales Cost of goods sold Total assets Total stockholders' equity Net income 2021 $ 80,000 84,000 400,000 254,800 850,809 500,000 75,000 2020 $ 72,000 70,000 372,000 216,888 810, 880 450,000 56,000 8 01:12:12 TPX Company's 2021 profit margin is: (Round your answer to 1 decimal place.) Multiple Choice 15.1% 0 19.4% 0 18.8% 0 9.0%