Camex is a trader in floor tiles. The business operates with a mark-up of 66.67%. During the month of August 2021, opening inventory was $100,000, purchases was $480,000, and sales was $800,000. At the end of August, a portion of the closing inventory was damaged and could not be sold. The amount recovered from the damage was $60,000. Calculate the value of the goods that were damaged. Select one: O a. $50,000 b. $60,000 c. $40,000 O d. $100,000