Excerpts from TPX 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 $ 87, eee 89, eee 470, eee 265,000 810,000 470, eee 70,eee 2020 $ 81, eee 78,000 375, eee 224, eee 795, eee 430, eee 52, eee TPX Company's 2021 profit margin is: (Round your answer to 1 decimal place.) Multiple Choice O 32 O 14% 8.76