$[-/1$ Points$]$

BRECMBC$916.$II$.$TB$.007.$

The After Five Boutique took in $$746,200$ in sales during May. They started the month with inventory worth $$419,000$ and spent $$155,800$ on new purchases during the month. Gross margin on sales was $40\%.$ Using the gross profit method, estimate the cost value of the inventory at the end of June.

$$127,080$

$$137,080$

$$381,240$

$$762,480$