Assume Baja Company had the following account balance: Sales $553,960, Sales Returns and Allowances $21,750, cost of Goods sold $352,280, Operating Expenses $138,830. Compute the following: Net sales Gross profit Income from operations Gross profit rate (Round answer to 1 decimal place, e.g., 10.5.) Assume Baja Company had the following account balance: Sales $553,960, Sales Returns and Allowances $21,750, cost of Goods sold $352,280, Operating Expenses $138,830. Compute the following: Net sales Gross profit Income from operations Gross profit rate (Round answer to 1 decimal place, e.g., 10.5.)