Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory InventoryQuantity Unit Cost NRV Ski Jackets $115 $95 Calculate the total amount to be reported for ending Inventory. Quantity Lower of Cost and NRV per unit Ending Inventory Inventory Ski jackets Skis 2,300 7,500 Use the following information: Net sales Cost of goods sold Beginning inventory Ending inventory $250,000 180,000 55,000 45,000 a. Calculate the inventory turnover ratio. (Round your answer to 1 decimal place.) Inventory turnover ratio times b. Calculate the average days in Inventory. (Assume 365 days in a year. Round your intermediate calculations and final answer to 1 decimal place.) Average days in inventory days c. Calculate the gross profit ratio. Gross profit ratio