Thompson TV and Appliance reported the following in its 2021 financial statements: 2021 5423,000 Sales Cost of goods sold: Inventory, January 1 Net purchases Goods available for sale Inventory, December 31 Cost of goods sold Gross profit 80,000 320,000 400.000 100.000 296,000 $127.000 Thompson's 2021 grous profils: Round your answer to the nearest whole percentage) Moroce 24 O