Question: What is the Company's Net Income Margin? (using the below information below) Income Statement 2016 Net revenue $10,000,000 Operating costs excl depreciation $6,875,000 Depreciation $500,000 Earnings before interest and taxes (EBIT) $2,625,000 Less interest $900,000 Earnings before taxes (EBT) $1,725,000 Taxes $387,000 Net Income $1,338,000 Balance Sheet 2016 Assets Cash and securities $25,000 Accounts receivable $45,000 Inventories $20,000 Total current assets $90,000 Net plant and equipment $75,000 Total assets $165,000 Liabilities and Equity Accounts payable $19,500 Notes payable $27,000 Accruals $35,500 Total current liabilities $82,000 Long-term bonds $15,000 Total debt $97,000 Common stock $12,000 Retained earnings $56,000 Total common equity $68,000 Total liabilities and equity $165,000 What is the Company's Net Income Margin? Group of answer choices 13.38% 5.35% 26.25% 24.67%