Sheridan Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the companys fiscal year on November 30, 2022, these accounts appeared in its adjusted trial balance.

Accounts Payable		$ 57,600
Accounts Receivable		37,500
Accumulated DepreciationEquipment		149,600
Cash		17,600
Common Stock		77,000
Cost of Goods Sold		1,341,360
Freight-Out		14,120
Equipment		349,760
Depreciation Expense		30,500
Dividends		26,400
Gain on Disposal of Plant Assets		4,400
Income Tax Expense		22,000
Insurance Expense		19,800
Interest Expense		11,000
Inventory		57,300
Notes Payable		95,700
Prepaid Insurance		13,200
Advertising Expense		73,700
Rent Expense		74,800
Retained Earnings		30,900
Salaries and Wages Expense		261,060
Sales Revenue		1,988,000
Salaries and Wages Payable		13,200
Sales Returns and Allowances		44,000
Utilities Expense		22,300

Additional data: Notes payable are due in 2026.

Calculate the profit margin and the gross profit rate. (Round answers to 1 decimal place, e.g. 15.2%)

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