At the beginning of the year, Swifty Company had an inventory of $$763000.$ During the year, the company purchased goods costing $$1695800.$ If Swifty Company reported ending inventory of $$90000$ and sales of $$376000,$ the company's cost of goods sold and gross profit rate must be

$$2368800$ and $37\mathrm{.}0\%.$

$$1391200$ and $37\mathrm{.}0\%.$

$$2368800$ and $63\mathrm{.}0\%.$

$$1391200$ and $58\mathrm{.}7\%.$