Cheyenne Corp, accounting records show the following at the year ending on December 31, 2022. $11100 Purchase Discounts Freight-in 16700 688020 Purchases Beginning Inventory Ending Inventory 42000 64600 Purchase Returns and Allowances 15300 If Ayayal Corp, has net sales of $523000 and cost of goods sold of $350000, Ayayal gross profit rate is 33% 100% 49% 67%