18 19 On January 1st 2020 the Hoth Company had inventory or $40,000 20 From January 1st to October 31st Hoth Company: 21 22 23 purchased inventory of returned inventory of incurred freight in of $750,000 $40,000 $10,000 24 Had sales of $800,000 25 On November 1st, Hoth's warehouse was destroyed by an attack by the First Order. 26 An analyisis of previous year's financial statements shows Hoth has a gross profit percent of 30% 27 28 How much inventory was destroyed by the First Order attack? 29