AHV Co. prepared its income statement containing the information below. Using vertical analysis, what percentages would apply to cost of sales, gross profit, and interest expense, respectively?

Net Sales Revenue $ 102,000
Cost of Sales 66,000
Operating and Other Expenses 13,000
Interest Expense 4,000
Income Tax Expense 5,000
Net Income $ 14,000

1. The Cost of Sales percentage in a vertical analysis is

A. 471.4%

B. 100.0%

C. 64.7%

D. 35.3%

2. The Gross Profit percentage in a vertical analysis is

A. 257.1%

B. 35.3%

C. 54.5%

D. 13.7%

3. The Interest Expense percentage in a vertical analysis is

A. 28.6%

B. 11.1%

C. 4.9%

D. 3.9%