Quebec Traffic Company had a fire on March 10, 2023, that destroyed a major portion of its inventory. The salvaged accounting records contained the following information:

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Sales, January 1 to March 10............ Net merchandise purchased January 1 to March 10... Additional information was determined from the 2022 annual report: Income statement: Sales.............. Cost of goods sold... Balance sheet: Merchandise inventory..... Quebec Traffic was able to salvage inventory with a cost of $106,300. $ 355,600 187,400 $3,300,000 1,782,000 299,100