Question 7 of 9 -11 VIEW TUTTO Current Attempt in Progress Presented below is information related to Cheyenne Corporation for the current year. $ 610,000 1,512,700 Beginning inventory Purchases Total goods available for sale Sales revenue $2,122,700 2,570,000 Compute the ending inventory, assuming that (a) gross profit is 49% of sales, (b) gross profit is 60% of cost, (c) gross profit is 34% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, es. 78.7% and final answers too decimal places, eg. 28,987.) Ending Inventory (a) Gross profit is 49% of sales $ (b) Gross profit is 60% of cost $ (c) Gross profit is 34% of sales $ (d) $ Gross profit is 25% of cost e Textbook and Media