QUESTION 14 Use the following information to answer the next question. Horizontal Vertical Analysis Analysis 2019 2018 2019% Net Sales $147,500 $125,000 Operating Expenses 106,200 86 100 Net Income 41,300 38,900 Use the information given above. If a Vertical Analysis of the financial statement were calculated for 2019, the % of operating expenses indicated by C would be: a. 72% b.257% c. 23,3% d. 100%