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Help & California Inc. through no fault of its own lost an entire plant due to an earthquake on May 1, 2021 in preparing its

Help & California Inc. through no fault of its own lost an entire plant due to an earthquake on May 1, 2021 in preparing its insurance claim on the inventory lows, the company devesiped the fg dita ventory Jarsary 2021 $310,000 sales and purchases from January 1, 2021, to May 1, 2021, $1380,000 and $945.000 respectively. Calfomia consistently reports a 30% gross profe. The estimated anventory on May 1, 2021 Multiple Choice $430800 $4000 1425000 $394.000image text in transcribed

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