BM1Co.wants to estimate inventory destroyed by flood. Its average gross profit percentage is 40%. The following information is available: Beg. Inventory Purchases Purchase Returns Transportation-In Sales Sales Returns $112,350 520,850 5,000 4,700 885,950 9,750 Calculate the value of the destroyed ending inventory using the gross profit method. Round numbers to the nearest dollar, if necessary.. I desperately need help. Ty