Financial information for two companies are presented below. Fill in the missing amounts. Ivanhoe Company Oriole company $86,000 Sales revenue $ Sales returns and allowances 4,000 80,000 120,000 Net sales Cost of goods sold 48,800 Gross profit 58,800 Operating expenses 19,200 Net income 16,800 Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, eg. 15.5%) Oriole Company Ivanhoe Company Profit margin Gross proftrate % %