Presented below is information related to Blue Corporation for the current year.

Beginning inventory $ 606,900

Purchases 1,503,500

Total goods available for sale $2,110,400

Sales revenue 2,585,000

Compute the ending inventory, 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 computational purposes to 1 decimal place, e.g. 78.7% and final answers to 0 decimal places, e.g. 28,987.) 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