The income statement of Small Town, Inc. is as shown below: Small Town, Inc. Comparative Income Statement Year Ended December 31, 2025 (In millions) Net Sales $ 7,700 Cost of Goods Sold Gross Prot 3,700 Operating Expenses: Selling Expenses 600 400 Adminictratiun Fvnnncnc Administrative Expenses 4\"\" 1,000 Total Operating Expenses Operating Income 2,700 Other Income and (Expenses): Interest Expense Total Other Income and )Expenses) (400) Income Before Income Taxes 2,300 Income Tax Expense $ 1,300 Net Income Performing a vertical analysis, what is the percentage of Gross Prot to Net Sales?