Presented below is information related to sage inc. SAGE INC. Income Statement For the Year Ended December 31, 2025 Sales revenue $1,395,760 Cost of goods sold Inventory, Jan. 1, 2025 Purchases Cost of goods available for sale Inventory, Dec. 31, 2025 .(170,300) Cost of goods sold Gross profit on sales 581,080 Operating expenses Net income 170,700$410,380 Compute the following ratios or relationships of Sage Inc. Assume that the ending account balances are representative unless the information provided indicates differently. (Round answers to 2 decimal places, eg. 1.59 or 45.87% ). Attempts:unlimited (b) The parts of this question must be completed in order. This part will be wvalitable when you complete the part above