Parker Paint reported sales of $600, 000, sales returns of $6, 000, net income of $175, 000, total assets of $300, 000, total owners' equity of $160, 000, current assets of $100, 000, current liabilities of $40, 000, and cash of $24, 000. In a vertical analysis of the income statement, sales would be shown as a. 101%. b. 100%. c. 99%. d. 1%