The Ochiba Company reported the following: Cash 1,200 Unearned revenue 600 Accounts payable 1,600 Revenue 42,800 Notes payable 12,900 Inventory 6,400 Accounts receivable 800 Equipment 27,600 Supplies 200 Cost of goods sold 34,300 Interest expense 50 Rent expense 2,400 What is the company's gross profit rate? Convert your final answer to a percentage, round to one decimal place and enter without the "%" sign (e.g. a final answer of 0.105678 would be entered as 10.6)