1. The Juniper Tree carries an average inventory of $164,000. The firm has equity of $438,2000, total assets of $679,400 and sales of $734,800. What is the common-size percentage for the inventory account?

	a.	20.22 percent
	b.	22.32 percent
	c.	24.14 percent
	d.	35.87 percent
	e.	37.43 percent