Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $12. At the start of January 2021, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: In addition to the above accounts, VGC's chart of accounts includes the following: Svice Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The January transactions are shown below: a. Received $65,250 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020 . b. Purchased 10 new computer servers for $34,600 on 1/2; paid $14,400 cash and signed o three-year note for the remainder owed. c. Paid $12,600 for an Internet advertisement that ran today on 1/3. d. On January 4, purchased and received $3,300 of supplies on account. e. Received $215,000 cash on 1/5 from customers for service revenue earned but not previously recorded in January. f. On January 6, paid $3,300 cash for supplies purchased on January 4 . g. On January 7, sold 19.200 subscriptions at $12 each for services provided during January. Half was collected in cash and half was sold on account. h. Paid $420,000 in wages to employees on 1/30 for work done in January. i. On January 31 , recelved an electric and gas utility bill for $5,250 for January utility services. The bill will be paid in February. Calculate net profit margin, exprossed as a percent. (Round your answer to 1 docimal place.)