In its income statement for the year ended December 31, 2022, Sunland Company reported the following condensed data.

Salaries and wages expenses		$474,300		Loss on disposal of plant assets		$85,170
Cost of goods sold		1,006,740		Sales revenue		2,254,200
Interest expense		72,420		Income tax expense		25,500
Interest revenue		66,300		Sales discounts		163,200
Depreciation expense		316,200		Utilities expense		112,200

Calculate the profit margin and gross profit rate. (Round answers to 0 decimal places, e.g. 15%.)

Profit margin		Enter the profit margin in percentages rounded to one decimal place	%
Gross profit rate		Enter the gross profit rate in percentages rounded to one decimal place	%