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Exercise 9-19 Presented below is information related to Stellar Corporation for the current year. $ 590,300 1,472,500 Beginning inventory Purchases Total goods available for sale Sales revenue $2,062,800 2,455,000 Compute the ending inventory, assuming that (a) gross profit is 46% of sales, (b) gross profit is 60% of cost, (c) gross profit is 36% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to o decimal places, e.g. 28,987.) Ending Inventory (a) Gross profit is 46% of sales $ (b) Gross profit is 60% of cost $ (c) Gross profit is 36% of sales $ (d) Gross profit is 25% of cost