Exercise 6-18 (Part Level Submission) Brenda Company reported the following information for November and December 2017 November December $536,000 610,000 120,000 Cost of goods purchased Inventory, beginning-of-month Inventory, end-of-month Sales revenue 130,000 120,000 840,000 1,000,000 Brenda's ending inventory at December 31 was destroyed in a fire. y (a) Compute the gross profit rate for November. (Round answer to o decimal places, e.g. 15%.) Gross profit rate 1