Your answer is correct. Fill in the missing amounts. Crane Company $85,000 Sheridan Company 132000 Sales revenue $ 6000 3,000 Sales returns and allowances Net sales Cost of goods sold 79,000 129,000 46,600 63210 i Gross profit 32400 65,790 22,800 45150 Operating expenses 9600 20,640 Net income Calculate the profit margin and the gross profit rate for each company. (Round answers to 1 decimal place, eg. 75.5%.) Crane Company Sheridan Company Profit margin % % Gross profit rate %6 96