The comparative financial statements of Seward, Incorporated include the following data: Current Year Prior Year Income Statement Net Sales Revenue Cost of Goods Sold Operating Expenses Interest Expense Income Tax Expense Net Income Balance Sheet Current Assets $ 234,000 $ 180,000 99,000 84,600 70,200 57,600 6,300 6,300 9,000 7,200 49,500 24,300 207,000 171,000 Plant, Property and Equipment, Net 176,400 189,000 Current Liabilities 81,000 68,400 Long-Term Liabilities 77,400 77,400 Stockholders' Equity 225,000 214,200 Total Liabilities & Stockholders' Equity 383,400 360,000 The gross profit percentage for the current year is closest to: