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 $ 8,000 4,200 Cost of Goods Sold ET Gross Profit 3.800 OA. 47.5% OB. 30% O c. 52.5% OD. 17.5% Click to select your answer. Operating Expenses: Selling Expenses 600 Administrative Expenses 400 1,000 Total Operating Expenses Operating Income 2.800 Other Income and (Expenses): Interest Expense (400) (400) Total Other Income and (Expenses) Other Income and (Expenses): Interest Expense (400) Total Other Income and (Expenses) (400) Income Before Income Taxes 2,400 Income Tax Expense 1,000 $ 1,400 Net Income Performing a vertical analysis, what is the percentage of Gross Profit to Net Sales