The following is a summary of information presented on the financial statements of a company on December 31, 2025 Account 2025 Net Sales Revenue $605,000 2024 $500,000 Cost of Goods Sold 450.000 405.000 Gross Profit 149,000 95,000 Selling Expenses 51.000 54.000 Net Income Before Income Tax Expense 98,000 41,000 Income Tax Expense- 39.000 23.000 Net Income $59,000 With respect to gross profit, a horizontal analysis reveals, OA. an increase of 24.63% OB. an increase of 36.24% OC. an increase of 19% OD. an increase of 56.84% $18,000 (Round your answer to two decimal places.)