Current Attempt in Progress Wildhorse Company's October 31 inventory was destroyed by fire. The company's beginning inventory was $504000, and purch for January through October were $1215000. Sales for the same period were $1875000. The company's normal gross profit percentage is 30% of sales. Using the gross profit method, the October 31 inventory is estimated to be $406500. O $562500. O $58500. O $330000