On April 15 of the current year, a fire destroyed the entire uninsured inventory of a retail store. The following data are available:

Sales, January 1 through April 15	$603000
Inventory, January 1	101000
Purchases, January 1 through April 15	502500
Markup on cost	25%

The amount of the inventory loss is estimated to be

$100500.

$121100.

$60550.

$151375.