Blue Spruce Corporation's March 31 inventory was destroyed by fire. January 1 inventory was $274,500, and purchases for January through March totaled $951,600. Sales revenue for the same period was $1,098,000. Blue Spruce's normal gross profit percentage is 25% on sales. Using the gross profit method, estimate Blue Spruce's March 31 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire $