On July 8, a fire destroyed the entire merchandise inventory on hand of Larrenage Wholesale Corporation. The following information is avallable: Sales, January 1 through July 8 Inventory, January 1 Purchases, January 1 through July 8 Gross profit ratio $681,000 144,000 648,000 211 What is the estimated Inventory on July 8 immediately prior to the fire? Multiple Choice 5254,410 $537.990 D 5136,080 Help Sweet Submit Robertson Corporation's inventory balance was $35.800 at the beginning of the year and $39.000 at the end. The inventory turnover ratio for the year was 53 and the gross profit ratio 30%. What were net sales for the year? (Round your answer to the nearest dollar amount) Multiple Choice $199,220 5660,733 283 $206,700 Prey 16 of 35 i Next > dtv A *** den MacBook Air