Jestion 4 of 5 ew Policies urrent Attempt In Progress -/1 E Sandhill Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $155,000, and purchases for January through April totaled $467,300. Sales revenue for the same period were $684,500. Sandhill's normal gross profit percentage is 25% on sales. Using the gross profit method, estimate Sandhill's April 30 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer