A flood has destroyed the inventory of the AquaMan Corporation. Before paying for damages, the JRC Insurance Company wants to know the amount of ending inventory that is missing. You have been hired to search through the water-sodden mess to find as much information as you can. You find the following information about four of AquaMan's big-selling inventory items:

Compute the ending inventory, which is the amount destroyed by the flood, for any of the products that you can. You may not be able to compute ending inventory for all products. If you cannot compute the ending inventory, state what additional information youneed.

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Item Rubber Rafts Rubber Duckies Galoshes E Diving Equipment $160,000 60,000 60,000 Beginning inventory Transfers into inventory account180,000 90,000 480,000 Transfers out of inventory accounts. 240,000 110,000 540,000 Ending inventory .. $120,000 150,000