At the beginning of the year, Bonita Company had an inventory of $754000. During the year, the company purchased goods costing $1644000. If Bonita Company reported ending inventory of $80000 and sales of $3800000, the company's cost of goods sold and gross profit rate must be $2318000 and 61.0%. O $1482000 and 63.9%. O $2318000 and 39.0%. O $1482000 and 39.0%. Save for Later Attempts: 0 of 1 used Submit