Question: April 2 0 were $ 6 1 9 , 0 0 0 and purchases during that time were $ 4 6 9 , 0 0

April 20 were $619,000 and purchases during that time were $469,000. The company consistently reports a 20% gross profit. The estimated inventory loss is:
Multiple Choice
$471,800.
$200,800.
$212,800
None of the other answer choices are correct.
April 20 were $619,000 and purchases during that time were $469,000.

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