Exercise 9-19 Presented below is information related to Grouper Corporation for the current year, Beginning inventory Purchases Total goods available for sale Sales revenue 594,100 1,497,100 $2,091,200 2,410,000 Compute the ending inventory, assuming that a gross profit is 47% of sales b) gross profit is 60 of cost c gross profit S 33% of sales and ratios for computational purposes to 1 decimal place, eg, 78.7% and final answers to 0 decimal places, eg. 28,987) ross profit 25% o cost Round Ending Inventory (a) (b) (c) (d) Gross profit is 47% of sales Gross profit is 60% of cost Gross profit is 33% of sales Gross profit is 25% of cost