Swifty Company uses the gross profit method to estimate inventory for monthly reporting purposes. Prese for the month of May. (a) Compute the estimated inventory at May 31 , assuming that the gross profit is 25% of net sales. Compute the estimated inventory at May 31 , assuming that the gross profit is 25% of cost. (Round percentage of sales to 2 decimal places, es. 78.74\% and final answer to 0 decimal places, es. 6.225.) The estimated inventory at May 31