Sales revenue: 950,000 utilities expense: 10,000 salaries expense: 350,000 income tax expense: 16,000 inventory( begin): 30,000 inventory(end): 40,000 sales returns: 20,000 interest revenue: 3,000 cost of goods sold: 440,000 interest expense: 5,000 rent expense: 50,000 5. Find purchases 6. Find the gross profit ratio (two decimal places)