Question: Current Attempt in Progress Crane Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $150,100, and purchases For January through April totaled

Current Attempt in Progress Crane Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $150,100, and purchases For January through April totaled $492,200. Sales revenue for the same period was $658,200. Crane's normal gross profit percentage is 25% on sales. Using the gross proft method, estimate Crane's April 30 inventory that was destroyed by fire Estimated ending inventory destroyed in fire $

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