2. The Inventory of Bell department store was destroyed by a fire on September 10,2014. The following data were found in the accounting records Beginning inventory Cost of good purchased Net sales at retail Cost $ 450000 $ 200000 Retail $525000 $350000 $320000 I (6 marks) Use the gross retail Inventory method to estimate the inventory for March 2014 of production on lanuary 1, 2014. Its