You have the following information for Blossom Company for the month ended October 31, 2022 Blossom uses a periodic method for inventory Date Units Description Beginning inventory Purchase Unit Cost or Selling Price $24 Oct. 1 65 Oct 9 130 26 Oct. 11 Sale 90 40 Oct 17 Purchase 90 22 Oct 22 Sale 65 45 Oct. 25 Purchase 75 29 Oct 29 Sale 100 45 Calculate gross profit rate under each of the following methods. (1) LIFO (2) FIFO. (3) Average-cost (Round answers to 1 decimal place, as 51.2%) LIFO FIFO AVERAGE COST Gross proftrate 384 % 38,3 96 S