2. [-/1.81 Points] DETAILS BRECMBC9 16.II.TB.008. MY NOTES ASK YOUR TEACHER Bulk Wholesalers took in $374,800 in sales during July. They started the month with inventory worth $173,800 and spent $204,900 on new purchases during the month Gross margin on sales was 76%. Using the gross profit method, estimate the cost value of the inventory at the end of July. O $89,952 O $294,900 O $378,748 $468,700