View Policies Current Attempt in Progress Presented below is information related to Wildhorse Corporation for the current year. $ 609,300 Beginning inventory Purchases 1,499,300 Total goods available for sale Sales revenue $2.108,600 2.415,000 Compute the ending inventory, assuming that (a) gross profit is 49% of sales, (b) gross profit is 60% of cost, te) gross profit is 38% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, eg. 78.7% and final answers to decimal places, eg. 28,987.) Ending Inventory (a) Gross profit is 49% of sales uestion 4 of 8 Compute the ending inventory, assuming that (a) gross profit is 49% of sa sales, and (d) gross profit is 25% of cost. (Round ratios for computational pu. decimal places, eg. 28,987) Ending Inventory (a) Gross profit is 49% of sales $ (b) Gross profit is 60% of cost ta $ (c) Gross profit is 38% of sales TA $ (d) Gross profit is 25% of cost $