The income statement for Westbound Manufacturing is provided in the table below (all values are in million dollars): Gross sales less Cost of goods sold: Labour Raw materials Production overhead Gross profit 2,372 1,086 279 257 less Expenses on marketing 65 less General and administrative expenses 53 = Earning before interest and taxes less Interest expenses 32 = Earning before income taxes less Income tax (35%) = Net income Calculate the profit margin on sales. (your answer must be rounded off to the nearest %, i.e., no decimal places)