Calculate the missing amounts. 2020 2021 2022 2023 Income Statement Data Sales revenue $107.000 83,000 (e) $80,000 Cost of goods sold 27,820 (a) 26,560 26,520 Gross profit 79,180 56,440 53,480 Operating expenses 53,120 49,920 70,620 8.560 (6) Net income $3,320 35600 Balance Sheet Data Inventory $14,200 $ 15.270 ) $16,500 $ 17,030 (k) Accounts payable 6,400 7.100 5,200 4700 () Additional Information Purchases of inventory on account 28,890 27.790 $27,050 Cash payments to suppliers - 28,190 (d) 29.690 h) 27.550 e Textbook and Media List of Accounts Attempts: 1 of 3 used e Textbook and Media List of Accounts Attempts: 1 of 3 used (12) Compute the gross profit rate and the profit margin for each fiscal year. (Round answers to 1 decimal place, e.g. 15.5%) 2021 2621 2022 2023 2023 Gross profit rate % Profit margin e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer Assignment sent to Gradebook Your grades being (hp)