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Content Shores Inc. (CS) was destroyed by Huricane Fred on August, 2021 At January 1,cs reported an inventory of $175.000. Soles from January 2034 to

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Content Shores Inc. (CS) was destroyed by Huricane Fred on August, 2021 At January 1,cs reported an inventory of $175.000. Soles from January 2034 to August , 2021, totaled $405.000 and purchases totaled $200,000 during that time. Si consistently marks up its products 60% over cost to neata selling price. The estimated Inventory loss due to Hurricane Fred would be Me Choice 504,175 571875 $75.875 None of these answer choices are correct

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