DynaTrue Industries reported net sales totaling $3,200,000 during the year. The company's groass profit rate was determined to be 41%. Which statement is true? a. the company generated $1,312,000 of net income during the year. b. the company generated 41 cents of net income out of each dollar of assests owned by the company. c. the company generated 41 cents our of every sales dollar that is available to cover its operating expenses and contribute to profit. d. the inventory cost is 41% of the sales price of the inventory items