The Wendell Corporation reported the following income statement and balance sheet anounts and additional information for the end of the current year End of prior year Ne sales reverse all credit) Cost of goods sold Gross pro Seling general expenses Interest expense Net Income End of current year $1,320,000 $825.000 $495.000 $280,000 $42.000 $173.000 Current assets 5114,000 582000 Long-term assets $511 000 5440.000 Total assets 5625,000 5522.000 Current les $58.000 $52000 Long-term Sabrities $274,000 $245.000 Common stockholders equity $293 000 $225,000 Totalities and stockholders' equity $625,000 $822,000 Inventory and prepaid expenses account for $30 000 of the current years antes Avetog ventory for the current year is $36.250 Average et accounts receivable for the current year is $45,000 There are 35.000 shares of common stock outstanding The market price per share of common stock is 520 What the rate of remont sales for the current year? se