24 All of T Company's inventory in its River Oaks store was destroyed by a fire. Its gross profit ratio was 60% and net sales were $30,000. Beginning inventory was $6,000 and net purchases for the year were $24,000. The estimated cost of inventory lost in the fire is: ut of question Select one: O a. $30,000 O b. $18,000 O c. $12,000 d. $19,200 O e. $15,000