Assume Bramble Corp. has the following reported amounts: Sales revenue $1,122,000, Sales returns and allowances $33,000, Cost of goods sold $726,000, and Operating expenses $242,000. (a) Compute net sales. Net sales $ (b) Compute gross profit. Gross profit $ (c) Compute income from operations. Income from operations $ (d) Compute the gross profit rate. (Round answer to 1 decimal place, e.g. 25.2%.) Gross profit rate %

Question 8 Assume Bramble Corp. has the following reported amounts: Sales revenue $1,122,000, Sales returns and allowances $33,000, Cost of goods sold $726,000, and Operating expenses $242,000. (a) Compute net sales. Net sales (b) Compute gross profit. Gross profit (c) Compute income from operations. Income from operations (d) Compute the gross profit rate. (Round answer to 1 decimal place, e.g. 25.2%.) Gross profit rate