LO3. The following information is available for October for Barton Company. Beginning Inventory $1,200,000 Net Purchases Net Sales 6,000,000 7,600,000 A fire destroyed Barton's October 31 inventory, leaving undamaged invente cost of $1,400,000. Barton's gross profit on sales has remained constant at recent years. Using the gross profit method, the estimated ending inventor destroyed by fire is a) $185,000. b) $120,000. c) $100,000. Od) $90,000. e) $112,000