The fоllоwing infоrmаtion is аvаilable for October for Barton Company. Beginning inventory $350,000 Net purchases 1,050,000 Net sales 2,100,000 Gross Profit on Sales 40% A fire destroyed Barton's October 31 inventory, leaving undamaged inventory with a cost of $21,000. Using the gross profit method, the estimated ending inventory destroyed by fire is
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