The following selected accounts were taken from the financial records of Los Olivos Destors at December 31, 2019 All account have normal balances $ 22,215 47, Accounts receivable Note receivable, due 2020 Merchandise inventory Prepaid insurance Supplies Equipment Accumulated depreciation, equipment Note payable to bank, due 2020 Accounts payable Interest payable Sales Sales discounts Cost of goods sold 35,000 2,280 1,340 42,889 228 19,420 526,500 488 320 Accounts Receivable at December 31, 2018, was $53,300 Merchandise inventory at December 31, 2018, was $57800. Based on the account balances above, calculate the following: a. The gross profit percentage. b. Working capital. c. The current ratio. d. The inventory turnover. e. The accounts receivable turnover. All sales were on credit Prey 2 of 3 !! Next > TILS Teceivable tumover. All sales were on credit Complete this question by entering your answers in the tabs below. Required a Required b Required c Required d Required e The gross profit percentage. Gross Profit Percentage Choose Denominator Gross Profit Percentage Choose Numerator Gross profit