Edward's Supply Co. suffered a fire loss on April 20, 2013. The company's last physical inventory was taken on January 30, 2013, at which time the inventory totalled $520,000. Sales from January 30 to April 20 were $600,000 and purchases during that time were $250,000. Edward's consistently reports a 20% gross profit. The estimated inventory loss is: Select one: A. $650,000.00 O B. $290,000.00 C. $250,000.00 D. None of the above is correct