Question 11 of 12 -/1 INT Assume Marigold Corp. has the following reported amounts: Sales revenue $ 653,000, Sales returns and allowances $ 19,000, Cost of goods sold $ 429,852 and Operating expenses $ 140,800. (a) Compute net sales. Net sales $ (b) Compute gross profit. Gross profit $ (c) Compute income from operations Income from operations (d) Compute the gross proftrate (Round answer to 1 decimal place, ey. 25.2%.) Gross proftrate