Thompson TV and Appliance reported the following in its 2021 financial statements: 2021 Sales Cost of goods sold: $436,000 Inventory, January 1 71,000 Net purchases 325,000 Goods available for sale 396,000 Inventory, December 31 89,000 Cost of goods sold 307,000 Gross profit $129,000 Thompson's 2021 gross profit ratio is: (Round your answer to the nearest whole percentage.) Multiple Choice None of these answer choices are correct. 33%. 30%. 25%.