Pina Colada Corp. reported net sales $860,000; cost of goods sold $559,000; operating expenses $225,750; and net income $73,100. Calculate the 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 %