Fill in the missing amounts. Wildhorse Company Sandhill Company Sales revenue $87,000 $ 127000 Sales returns and allowances 6000 i 4,000 Net sales 81,000 123,000 Cost of goods sold 48,600 61500 Gross profit 32400 61,500 Operating expenses 21,200 41820 Net income 11200 19,680 (b) Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, e.g. 75.5%.) Wildhorse Company Sandhill Company Profit margin % % % Gross profit rate %