On September 22, 2018, a flood destroyed the entire merchandise inventory on hand in a warehouse owned by the Rocklin Sporting Goods Company. The following information is available from the records of the company's periodic inventory system Inventory, January 1, 2018 Net purchases, January 1 through September 22 Net alen January 1 throuch September 22 Gross profit ratio $144.000 374,000 570,000 309 Required: Complete the below table to estimate the cost of inventory destroyed in the flood using the gross profit method Beginning inventory Plus: Net purchases Cost of goods available for sale Lose: Cost of goods sold Net sales Less: Estimated gross profit Estimated cost of goods sold Estimated cost of inventory destroyed