Exercise 9-19 Presented below is information related to Metlock Corporation for the current year. 606,900 1,503,500 Beginning inventory Purchases Total goods available for sale Sales revenue $2,110,400 2,585,000 Computethe ending nventory, assuming that a gross profit is 46% of sales, b) gross profit is 60% of cost, c gross profit is 36% of sales, and d) gross profit is 25% of cost. (Round ratios for co to 1 decimal place, e.g. 78.7% and final answers to 0 decimal places, eg. 28,987.) putational purposes Ending Inventory (a) Gross profit is 46% of sales (b) Gross profit is 60% of cost (c) Gross profit is 36% of sales (d) Gross profit is 25% of cost