Current Attempt in Progress Presented below is information for Sheffield Chocolatiers for the month of March 2020. Cost of goods sold 166,104 Rent expense 30,440 Freight-out 10,960 Sales discounts 8,350 Insurance expense 5,450 Sales returns and allowances 13,190 Salaries and wages expense 58,650 Sales revenue 390,660 Other comprehensive income 1,750 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) SHEFFIELD CHOCOLATIERS Income Statement Prepare a comprehensive income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) SHEFFIELD CHOCOLATIERS Comprehensive Income Statement > Compute the gross profit rate. (Round answer to 2 decimal places, e.g. 25.20%.) Gross profit rate %