You have the following information for Kingbird, Inc. for the month ended October 31, 2022. Kingbird uses a periodic method for inventory Date Units Description Beginning inventory Unit Cost or Selling Price Oct. 1 55 $22 Oct. 9 Purchase 120 24 Oct. 11 Sale 90 45 Oct. 17 Purchase 90 25 Oct. 22 Sale 55 50 Oct. 25 Purchase 65 27 Oct. 29 Sale 100 50 (a3) Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average cost. (Round answers to 1 decimal place, e.g. 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate % % %