Jill Corporation prepared a vertical analysis of its income statement and the following excerpt is available: Sales $1,400,000 Cost of Goods Sold $699,400 Gross Profit $700,600 on What is the Cost of Goods Sold percentage as found on a vertical analysis income statement? Select one: O A. 50.04% OB. 49.96% O C. 100% OD. 2.00%