Brief Exercise 9-9 Sandhill Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $155,200, and purchases for January through April totaled $475,500. Sales revenue for the same period were $655,200. Sandhill's normal gross profit percentage is 35% on sales. Using the gross profit method, estimate Sandhill's April 30 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire