The following is a summary of information presented on the financial statements of a company on December 31, 2025. Account Net Sales Revenue Cost of Goods Sold Gross Profit Selling Expenses Net Income Before Income Tax Expense Income Tax Expense Net Income With respect to gross profit, a horizontal analysis reveals 2025 $607,000 2024 $509,000 456,000 405,000 151,000 104,000 51,000 54,000 100,000 50,000 39.000 23.000 $61,000 $27,000 (Round your answer to two decimal places.) A. an increase of 24.88% B. an increase of 31.13% OC. an increase of 45.19% OD. an increase of 20.43%