Pina Colada Corp.reported the following in its 2022 and 2021 income statements. Net sales Cost of goods sold Operating expenses Income tax expense Net income 2022 $156,000 93,600 29,640 18,400 $ 14,360 2021 $126,000 75,600 17,640 10,400 $ 22,360 Determine the company's gross profit rate and profit margin for both years. (Round answers to 1 decimal place, e.g. 52.7%.)