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Younis Corporation's income statement appears below:  Income Statement Sales (all on account)   S1,240

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Younis Corporation's income statement appears below: 
Income Statement Sales (all on account)   S1,240.000 Cost of goods sold  780.000 Gross margin  460,000 Operating expenses   416.571 Net operating income  43,429 Interest expense  14,000 Net income before taxes  29.429 Income taxes (30%)._   8.829 Net income  S 20 600 
The company's net profit margin percentage is closest to: 
A. 37.1 
B. 3.5 
C. 2.4 
D. 1.7