A fire destroys all of the merchandise of Coronado Company on February 10, 2017. Presented below is information compiled up to the date of the fire $423,300 Inventory, January 1, 2017 Sales revenue to February 10, 2017 1,924,500 Purchases to February 10, 20171,140,950 Freight-in to February 10, 2017 Rate of gross profit on selling price 56,790 40% What is the approximate inventory on February 10, 2017? Inventory at February 10, 2017