On December 31, a fire destroyed most of the merchandise on hand at Winker's Wink Inc. The following information is available: Sales of $ 900,000; gross profit is 40% (based on retail); Purchases $ 750,000 (which included goods shipped FOB destination which were in transit on 12/31 in the amount of $ 60,000)Beginning inventory was $ 20,000. What was the amount of ending inventory prior to the fire using gross profit method?

	a.	230,000
	b.	170,000
	c.	350,000
	d.	410,000