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 companys adjusted trial balance. Accounts Payable $ 8,000 Accounts Receivable 18,000 Inventory 21,400 Advertising Expense 15,500 Cost of Goods Sold 117,000 Delivery Expense 6,700 Income Tax Expense 2,250 Insurance Expense 1,000 Rent Expense 14,800 Sales Revenue 230,000 Sales Discounts 10,300 Sales Returns & Allowances 29,500 The gross profit percentage would be closest to: Multiple Choice 82.5%. 38.5%. 69.6%. 32.6%