Coastal Shores Inc. $($CSI$)$ was destroyed by Hurricane Fred on August $5,2021.$ At January $1,$ CSI reported an inventory of $$183,000.$ Sales from January $1,2021,$ to August $5,2021,$ totaled $$493,000$ and purchases totaled $$208,000$ during that time. CSI consistently marks up its products $60\%$ over cost to arrive at a selling price. The estimated inventory loss due to Hurricane Fred would be: