Crane Company's accounting records indicated the following information: Inventory, 1/1/20 Purchases during 2020 Sales during 2020 $1910000 10100000 12610000 A physical inventory taken on December 31,2020 , resulted in an ending inventory of $2210000. Crane's gross profit on sales has remained constant at 24% in recent years. Crane suspects some inventory may have been taken by a new employee. At December 31 , 2020 , what is the estimated cost of missing inventory? {:[$383600.],[$816400.],[$216400.],[$600000.]:}

Crane Company's accounting records indicated the following information: A physical inventory taken on December 31,2020 , resulted in an ending inventory of $2210000. Crane's gross profit on sales has remained constant at 24% in recent years. Crane suspects some inventory may have been taken by a new employee. At December 31 , 2020 , what is the estimated cost of missing inventory? $383600. $816400. $216400. $600000