On September $22,2024,$ a flood destroyed the entire merchandise inventory on hand in a warehouse owned by the Rocklin Sporting Goods Company. The following information is available from the records of the company's periodic inventory system:

Inventory, January $1,2024$

Net purchases, January $1$ through September $22$

Net sales, January $1$ through September $22$

Gross profit ratio

$$159,000$

$389,000$

$645,000$

$20\%$

Required:

Complete the below table to estimate the cost of inventory destroyed in the flood using the gross profit method.

$\backslash$table$[[$Beginning inventory,,$],[$Plus Net purchases,,$],[$Cost of goods available for sale,,$],[$Less Cost of goods sold,,$],[$Net sales,,$],[$Less$.$ Estimated gross profit,,$],[$Estimated cost of goods sold,,$0],[$Estimated cost of inventory destroyed,,$