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 $ $30,000$

Accounts Receivable $33,000$

Inventory $60,000$

Advertising Expense $36,000$

Cost of Goods Sold $267,000$

Delivery Expense $18,000$

Income Tax Expense $6,000$

Insurance Expense $3,000$

Rent Expense $36,000$

Sales Revenue $480,000$

Sales Discounts $33,000$

Sales Returns & Allowances $57,000$

The gross profit percentage would be closest to:

Multiple Choice

$25\mathrm{.}6\%.$

$31\mathrm{.}5\%.$

$55\mathrm{.}6\%.$

$68\mathrm{.}5\%.$