Ayayai Corporations March 31 inventory was destroyed by fire. January 1 inventory was $166,500, and purchases for January through March totaled $577,200. Sales revenue for the same period was $666,000. Ayayais normal gross profit percentage is 25% on sales. Using the gross profit method, estimate Ayayais March 31 inventory that was destroyed by fire.

Estimated ending inventory destroyed in fire

$enter the dollar amount of the estimated ending inventory destroyed by fire