The trial balance of Whispering Company at the end of its fiscal year, August 31, 2022, includes these accounts: Inventory $ 21.000; Purchases $ 179,000; Sales Revenue $ 230,000; Freight-In $ 6,000; Sales Discounts $4,200; Sales Returns and Allowances $ 4,800 Freight-Out $ 2,500: Purchase Discounts $3,900 and Purchase Returns and Allowances $3,400. The ending Inventory is $28,088. Compute Whispering's gross profit and gross profit rate. Gross profits 1088 Gross profit rate (Round answer to 1 decimal place, e.s., 52.3) 06 % e Textbook and Martin