Thompson TV and Appliance reported the following in its 2021 financial statements: 12 2021 $424,000 01:49:37 Sales Cost of goods sold: Inventory, January 1 Net purchases Goods available for sale Inventory, December 31 Cost of goods sold Gross profit 82,000 339,000 421,000 99,000 322,000 $102,000 eBook References Thompson's 2021 gross profit ratio is: Round your answer to the nearest whole percentage.) Multiple Choice 20%. 27%. 24%. None of these answer choices are correct