Question 28 Sunland, Inc. has the following income statement (in millions): Sunland, Inc. Income Statement For the Year Ended December 31, 2019 Net Sales $450 Cost of Goods Sold 300 Gross Profit 150 Operating Expenses 31 Net Income $119 Using vertical analysis, what percentage is assigned to Net Income? 1452% 33% 26% None of these answer choices are correct