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Sunland Company reported the following information for November and December 2022. November December Cost of goods purchased $536,000 $609,000 Inventory, beginning-of-month 134,000 115,550 Inventory,

Sunland Company reported the following information for November and December 2022. November December Cost of goods purchased $536,000 $609,000 Inventory, beginning-of-month 134,000 115,550 Inventory, end-of-month 115,550 ? Sales revenue 853,000 1,000,000 Sunland's ending inventory at December 31 was destroyed in a fire. (a) Compute the gross profit rate for November. Gross profit rate

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