Saki Kale Farms has net income of $96,320, total assets of $975,200, total equity of $555,280, and total sales of $1,141,275. What is the common-size percentage for the net income?
a. 7.90 percent
b. 8.44 percent
c. 13.88 percent
d. 48.65 percent
e. 74.57 percent