Chabelita Corporation provided you with the following data:

	Year 2019	Year 2020
Net sales	2,500,000	?
Cost of sales	?	(1,500,000)
Gross profit	?	?
Operating expenses	(200,000)	(300,000)
EBIT	800,000	1,200,000
Interest expense	(200,000)	(300,000)
EBT	600,000	900,000
Income tax expense	(180,000)	(270,000)
Net profit	420,000	?
Current assets	?	3,500,000
Noncurrent assets	5,000,000	?
Total assets	8,000,000	?
Current liabilities	2,000,000	?
Noncurrent liabilities	?	?
Total liabilities	?	?
Equity	?	4,000,000
Ratios
Current ratio	1.5000	3.5000
Total asset turnover	0.3125	0.3750
Return on equity	0.1050	0.1575
Common-size Analysis
Gross profit	40.00%	50.00%
Noncurrent liabilities	25.00%	37.50%
Equity	50.00%	50.00%
Trend analysis
Sales	100.00%	120.00%
Net profit	100.00%	150.00%
Noncurrent assets	100.00%	90.00%
Current liabilities	100.00%	50.00%

Based on the given compute for the: Gross profit 2020