Using the data below record the entries for the decline in net realizable value for the Inventory under the following methods and systems: Beginning Inventory at lower of Cost or NRV Purchases at Cost Ending Inventory At Cost Ending Inventory at NRV Sales $ 211,000$ 147,7005 208,000S 184,000 620,000 9. There is an inverse relationship between Ending Inventory and Cost of Goods Sold. The higher the Ending Inventory the A. higher B. lower C. no relationship between the two D. the two are always equal E. none of the above 10.) The gross profit percentage is computed by dividing the gross profit in dollars by net