Elizabeth Company's accounting records indicated the following information: Inventory, 1/1/20 $ 900,000 Purchases during 2020 4,500,000 Sales during 2020 6,000,000 A physical inventory taken on December 31, 2020, resulted in an ending inventory of $800,000. Keen's gross profit on sales has remained constant at 25% in recent years. Keen suspects some inventory may have been taken by a new employee. At December 31, 2020, what is the estimated cost of missing inventory? 200,000 100,000 O cannot be determined. 900,000