Current Attempt in Progress Pharoah Company's accounting records indicated the following information: $1840000 Inventory 1/1/20 Purchases during 2020 Sales during 2020 9400000 11840000 Aphysical inventory taken on December 31, 2020, resulted in an ending inventory of $2140000. Pharoah's gross profit on sales has remained constant at 25% in recent years. Pharoah suspects some inventory may have been taken by a new employee. At December 31, 2020, what is the estimated cost of missing inventory? $380000 O $220000 $820000 O $800000