On August 31, a hurricane destroyed a retail location of Vinny's Clothier including the entire inventory on hand at the location. The following information is available: Example of Answer : 4000 No decimal points, pace, comma, or dollar sign. Assuming the rate of gross profit as a percentage of sales is 40%, the approximate value of the inventory that was destroved by hurricane is = A Assuming the rate of gross profit as a percentage of cost is 40%, the approximate value of the inventory that was destroved by hurricane is =