The trial balance of Swifty Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $20,200; Purchases $171,000; Sales Revenue $222,000; Freight-In $5,200; Sales Discounts $3,400; Sales Returns and Allowances $4,000: Freight-Out $1,700; Purchase Discounts $3,100 and Purchase Returns and Allowances $2,600. The ending Inventory is $26,531. Compute Swifty's gross profit and gross profit rate. Gross profit $ 57831 Gross profit rate (Round answer to 1 decimal place, e.g., 52.3) 26.1 %