TB MC Qu. 6-183 (Algo) The following is a listing of some of the balance... The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable Accounts Receivable Inventory $18,000 30,000 23,800 Advertising Expense 21,500 Cost of Goods Sold 165,000 Delivery Expense 7,900 Income Tax Expense 3,700 Insurance Expense 1,000 Rent Expense 19,600 Sales Revenue 350,000 Sales Discounts 9,100 Sales Returns & Allowances. 47,500 The gross profit percentage would be closest to: Multiple Choice 37.9%. 43.8%.