The following information was extracted from the accounting records of Mary Lynn Clinics.

• Current assets
  • 20X2: $76,000
  • 20X1: $80,000
• Property, plant, and equipment (net)
  • 20X2: $99,000
  • 20X1: $90,000
• Intangibles
  • 20X2: $25,000
  • 20X1: $50,000
• Current liabilities
  • 20X2: $40,800
  • 20X1: $48,000
• Long-term liabilities
  • 20X2: $143,000
  • 20X1: $160,000
• Stockholders' equity
  • 20X2: $16,200
  • 20X1: $12,000
• Net patient revenues
  • 20X2: $500,000
  • 20X1: $500,000
• Cost of goods sold
  • 20X2: $332,500
  • 20X1: $350,000
• Operating expenses
  • 20X2: $93,500
  • 20X1: $85,000

What is the percentage for property, plant, and equipment (net) using vertical analysis for 20X1?

Group of answer choices

18.00%

20.45%

40.91%

90.91%