Lancaster Company Income Statement for 2020 Sales Cost of goods Depreciation Administrative expense Operating profit Interest Earnings before taxes Taxes Earnings after taxes $ 945 618 20 210 97 35 62 12 $ 50 Balance Sheet as of December 31, 2020 Assets Liabilities Cash $ 105 Notes payable Accounts receivable 367 Accounts payable Inventory 210 Accruals Current Assets 682 Current liabilities Fixed assets 440 Long-term debt Common stock Retained earnings Total Assets $ 1,122 Total Liab. Equity $ 165 305 40 510 300 102 210 $ 1,122 $ 165 305 Balance Sheet as of December 31, 2020 Assets Liabilities Cash $ 105 Notes payable Accounts receivable 367 Accounts payable Inventory 210 Accruals Current Assets 682 Current liabilities Fixed assets 440 Long-term debt Common stock Retained earnings Total Assets $ 1.122 Total Liab.+Equity 40 510 300 102 210 $ 1.122 With reference to Lancaster Company financial statements above: What was Lancaster's net profit margin ratio in 2020? OA 6.56% OB.5.29% OC 10.26% OD.51.55% O E None of the above