Question 3: Presented below is information related to Zetoro company for the current year. Beginning inventory $600,000 Purchases $1,500,000 Total goods available for sale $2,100,000 Sales $2,300,000 Required: Compute the ending inventory, assuming that: a) gross profit is 40% of sales b) gross profit is 60% of cost c) gross profit is 35% of sales d) gross profit is 25% of cost