The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Aldine Inc. as they appear on the companys adjusted trial balance.

Accounts Payable	$ 13,000
Accounts Receivable	14,000
Inventory	20,600
Advertising Expense	13,500
Cost of Goods Sold	101,000
Delivery Expense	6,300
Income Tax Expense	2,800
Insurance Expense	1,000
Rent Expense	13,200
Sales Revenue	190,000
Sales Discounts	10,700
Sales Returns and Allowances	23,500

The gross profit percentage would be closest to:

63.0%

75.9%

29.3%

35.2%

Net sales would be:

$190,000

$149,500

$155,800

$34,200

Gross profit would be:

$48,500

$88,400

$54,800

$51,300

Income from Operations would be:

$15,250

$23,600

$21,800

$20,800

Net income would be:

$20,800

$26,350

$19,800

$18,000

The gross profit percentage would be closest to:

29.3%

35.2%

63.0%

75.9%