(5 points) A tornado recently destroyed all but $1,305,000 of Orr Corp.'s inventory. Beginning inventory for...

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(5 points) A tornado recently destroyed all but $1,305,000 of Orr Corp.'s inventory. Beginning inventory for the period was $2,175,000 and another $5,720,000 was purchased during the year. How much inventory was destroyed, assuming that they had a cost markup of 40% and sales of $9,152,000? Please round your calculations to 2 decimal places! (A 21) $2,403,800 $562,755 $92,080 O $1,397,080 (5 points) A tornado recently destroyed all but $1,305,000 of Orr Corp.'s inventory. Beginning inventory for the period was $2,175,000 and another $5,720,000 was purchased during the year. How much inventory was destroyed, assuming that they had a cost markup of 40% and sales of $9,152,000? Please round your calculations to 2 decimal places! (A 21) $2,403,800 $562,755 $92,080 O $1,397,080

Answer rating: 100% (QA)

2403800 Explanation Gross profit Net sales x 40 915200... View the full answer