QUESTION 20 This is a income statement for Balok Company. Determine the missing amounts and determine gross profit rate. Do not use commas, $, or percentages Sales Revenue Sales return and allowances 388,710 Net Sales Cost of goods sold (a) 368,850 (b) Gross profit Operating expenses Income from operations 153,760 98,850 (c) Other expenses and losses 3,800 Net Income (d)