Bramble Company lost all of its inventory in a fire on December 26, 2022. The accounting records showed the following gross profit data for November and December Net sales Beginning inventory Purchases Purchase returns and allowances Purchase discounts Freight-in Ending inventory November $630,000 32,700 384.700 4,400 7,500 9.200 36,700 December (to 12/26) $698,000 36,700 421.000 14.800 8,700 9.900 Bramble is fully insured for hire losses but must prepare a report for the insurance company. Compute the gross profit rate for November. % Gross profit rate