Question: QS 5 - 2 6 B ( Algo ) Estimating inventories - gross profit method LO P 4 Confucius Bookstore's inventory is destroyed by a

QS 5-26B (Algo) Estimating inventories-gross profit method LO P4
Confucius Bookstore's inventory is destroyed by a fire on September 5. The following data for the current year are available from the accounting records.
\table[[Beginning inventory, January 1,$190,000
QS 5 - 2 6 B ( Algo ) Estimating inventories -

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