Given the following adjusted trial balance, calculate the gross profit percentage.

Adjusted Trial Balance

	Debit	Credit
Cash	$ 25,000
Accounts Receivable	2,000
Office Supplies	4,000
Prepaid Rent	8,000
Merchandise Inventory	15,000
Building	25,000
Accumulated Depreciation, Building		$ 12,000
Accounts Payable		7,000
Salaries Payable		4,000
Unearned Rent		1,000
Notes Payable		6,000
Common Stock		19,000
Dividends	6,000
Sales Revenue		50,000
Sales Discounts Forfeited		6,000
Cost of Goods Sold	14,000
Salaries Expense	3,000
Supplies Expense	2,000
Utilities Expense	1,000
Total	$ 105,000	$ 105,000

A.

64.3%

B.

69.6

c.

72

d.

84