D Question 40 2.5 pts The Sahara Company's inventory was partially destroyed on June 4, when its warehouse caught on fire early in the morning. The accounting records, which were located in a fireproof vault, contained the following information: Sales (1/1 through 6/3) $260,000 Purchases (1/1 through 6/3) 190,000 Beginning Inventory (1/1) 40,000 Gross profit ratio (markup on cost) 30% of cost Using the gross profit method, what is the estimated cost of the inventory destroyed by the fire? $30,000 $130.000 $48.000 $39.000