Assume Yoan Company has the following reported amounts: Sales revenue \(\$ 400,000\), Sales discounts \(\$ 10,000\), Cost of goods sold \(\$ 234,000\), and Operating expenses \(\$ 60,000\). Compute the following:

(a) net sales,

(b) gross profit,

(c) income from operations, and

(d) gross profit rate. (Round to one decimal place.)