Gheorghe Moresan Lumber Company handles three principal lines of merchandise with these varying rates of gross profit on cost.

Lumber 25%

Milwork 30%

Hardware 40%

On August 18, a fire destroyed the office, lumber shed, and a considerable portion of the lumber stacked in the yard. To file a report of loss for insurance purposes, the company must know what the inventories were immediately preceding the fire. No detail or perpetual inventory records of any kind were maintained. The only pertinent information you are able to obtain are the following facts from the general ledger, which was kept in a fireproof vault and thus escaped destruction.

	Lumber	Millwork	Hardware
Inventory, Jan. 1, 2014	$255,600	$92,240	$53,600
Purchases to Aug. 18, 2014	1,531,600	378,800	162,300
Sales to Aug. 18, 2014	2,068,300	557,960	254,520

Submit your estimate of the inventory amounts immediately preceeding the fire.

	Lumber	Millwork	Hardware
Inventory	$ ?	$ ?	$ ?