Shelcal, Inc. provides the following data for the year 2017:

Sales Revenue	$410,000
Sales Returns and Allowances	1,000
Sales Discounts	830
Net Sales Revenue	408,170
Cost of Goods Sold	255,000

The cost of goods sold as a percentage of net sales revenue is ________. (Round your answer to two decimal places.)

A.

62.76%

B.

62.63%

C.

62.20%

D.

62.47%