Novak Corp. reported net sales of $ 265,000, cost of goods sold of $ 159,000, operating expenses of $ 58,100, net income of $ 42,400, beginning total assets of $ 523,500, and ending total assets of $ 602,500. Calculate profit margin and gross profit rate. (Round answers to 1 decimal place, e.g. 10.2%.)

Profit margin		enter percentages rounded to 1 decimal place %
Gross profit rate		enter percentages rounded to 1 decimal place %