Crane Company's accounting records indicated the following information: Inventory, 1/1/17 $ 1790000 Purchases during 2017 8900000 Sales during 2017 11290000 A physical inventory taken on December 31, 2017, resulted in an ending inventory of $2090000. Crane's gross profit on sales has remained constant at 25% in recent years. Crane suspects some inventory may have been taken by a new employee. At December 31, 2017, what is the estimated cost of missing inventory?