$$

The following is a summary of information presented on the financial statements of a company on December 31, 2025. Account 2025 2024 Net Sales Revenue $609,000 $500,000 Cost of Goods Sold 456,000 405,000 Gross Profit 153,000 95,000 Selling Expenses 51,000 54,000 Net Income Before Income Tax Expense 102,000 41,000 39,000 23,000 Income Tax Expense $63,000 $18,000 Net Income With respect to gross profit, a horizontal analysis reveals O A. an increase of 37.91% B. an increase of 61.05% O C. an increase of 19% OD. an increase of 25.12% (Round your answer to two decimal places.)