Exam 2: Chpts. 4, 5 and 6 Weeks Question 11 (of 30) 11. 3.33 points Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $105,000 in sales during the second quarter of this year. If it began the quarter with $18,500 of inventory at cost and purchased $72,500 of inventory during the quarter, its estimated ending inventory by the gross profit method is: O $31.500 O $22.050. o $17,500. O $28.500 O $18,500