Assume Monty 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. (a) Compute net sales: Net sales (b) Compute gross profit. Gross proft $ (c) Compute income from operations, Income from operations $ (d) Compute the gross profit rate. (Round answer to 1 decimal place, es. 25.2\%.) Gross profit rate