Question: Current Attempt in Progress The following information is available for October for Wildhorse Company. (Round answers to 0 decimal places, eg. 5,275) Beginning inventory

Current Attempt in Progress The following information is available for October for

Current Attempt in Progress The following information is available for October for Wildhorse Company. (Round answers to 0 decimal places, eg. 5,275) Beginning inventory $370000 Net purchases 1140000 Net sales 2280000 Percentage markup on 66.67% cost A fire destroyed Wildhorse's October 31 inventory, leaving undamaged inventory with a cost of $22500. Using the gross profit method, the estimated ending inventory destroyed by fire is O $585500. O $770000. $608000. O $119500.

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