Based upon the following data,estimate the cost of ending merchandise inventory using the gross profit method.
Definitions:
Mental Disorder
A health condition involving significant changes in thinking, emotion, and/or behavior, associated with distress or impaired functioning.
Diathesis
A predisposition or vulnerability to developing a psychological disorder, often influenced by genetic, biological, or environmental factors.
DSM-IV
The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, a guide published by the American Psychiatric Association for diagnosing mental disorders.
Psychological
Relating to the mind or mental processes, affecting or stemming from the psyche.
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