Jasmine sold land for $250,000 in 2018. The land had a basis of SI18,000 ana she incurred selling expenses of $10,000. Jasmine received $50,000 cash down in 2018 and will receive five additional annual payments of $40,000 each. What is Jasmine's gross profit percentage on the sale? A) 48.8%. B) 100.0%. C) 47.2%. D) 51.2%