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Given the following March 2016 data for the Werthmann Company: Beginning Inventory $1,100 March Purchases $900 March Sales Revenue $1,600 Mark-up on Sales 25% The

Given the following March 2016 data for the Werthmann Company: Beginning Inventory $1,100 March Purchases $900 March Sales Revenue $1,600 Mark-up on Sales 25% The estimated inventory at 3/31/16 is: Select one: O a. $500 O b. $1,200 O c. $720 O d. $800 O e. $320

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