Howard's Supply Co. suffered a fire loss on April 20, 2021. The company's last physical inventory was taken January 30, 2021, at which time the inventory totaled $222,000. Sales from January 30 to April 20 were $602,000 and purchases during that time were $452,000. Howard's consistently reports a 25% gross profit. The estimated inventory loss is: Multiple Choice $222,500. $464,500. None of these answer choices are correct. $210,500