Assume Lance Corp. has the following reported amounts: Sales revenue $796,000, Sales returns and allowances $23,000, Cost of goods sold $517,910, and Operating expenses $171,600. . When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000 or 10,000.00 without any dollar sign. For percentage, do NOT include a percentage sign. For example, if you answer is 20%, should be typing 20 without any percentage sign. Compute (A) Net Sales, (B) Gross Profit, (C) Income from Operations, and (D) Gross Profit Rate. Hints: .Net Sales is calculated as Sales Revenue - Sales Returns and Allowances - Sales Discounts. Gross Profit is calculated as Net Sales - Cost of Goods Sold. Income from Operations is calculated as Gross Profit - Operating Expenses. .Gross Profit Rate is calculated as Gross Profit / Net Sales X 100%.