Exercise 6-19 a-b (Part Level Submission) Sheridan Company reported the following information for November and December 2020. Cost of goods purchased Inventory, beginning-of-month Inventory, end-of-month Sales revenue November December $530,000 $ 614,000 139,000 130,350 130,350 ???? 855,000 1,000,000 Sheridan's ending inventory at December 31 was destroyed in a fire. (a) Compute the gross profit rate for November. (Round answer to 0 decimal places, e.g. 15%.) Gross profit rate Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT