Based upon the following data, estimate the cost of ending inventory using the gross profit method. 
Definitions:
Test-Retest Reliability
The consistency of a measure or test over time when administered to the same individuals on two occasions.
Test-Retest Correlation
A measure of the consistency of a psychological test or assessment over time by administering the same test to the same individuals on two different occasions.
Median
The score that falls in the middle of all the scores on the test; also called the 50th percentile.
Predictive Validity
When a scale is related to a concrete outcome or behavior.
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