Question 2 (1 point) General Limited's income statement reported the following for last year: Sales revenue $ 881,000 Cost of goods sold 573,000 Expenses 129,000 Net income 179,000 Which of the following statements is correct about the income statement? Mark-up on cost is $573,000. Net income percentage is 14.64%. Mark-up on the selling price is $308,000. Gross profit percentage is 34.96%