Cullumber Corp had $$840,000$ of inventory at December $31,2024,$ with purchases of $$252,000$ and sales of $$588,000$ in $2025.$

Cullumber Corp lost all but $$84,000$ of inventories due to a hurricane in $2025.$ Using the gross profit method, calculate ending

inventory independently using the following assumptions:

Cullumber's gross margin was $30\%$

$

Cullumber mark up on cost was $20\%$

$

Cullumber's cost of sales percentage was $60\%$