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

beginning Inventory $608,100

Purchases 1,487,500

Total goods available for sale $ 2,095,600

Sales Revenue 2,495,000

Compute the ending inventory, assuming that (a) gross profit is 45% of sales, (b) gross profit is 60% of cost, (c) gross profit is 33% of sales, and (d) gross profit is 25% of cost.

Ending Inventory

(a) Gross profit is 45% of sales $______________________________

(b) Gross profit is 60% of cost $____________________________

(c) Gross Profit is 33% of sales $_____________________________

(d) Gross profit is 25% of cost $_______________________________________