Oriole Company's accounting records indicated the following information:

Inventory, 1/1/20	$ 1830000
Purchases during 2020	9300000
Sales during 2020	11730000

A physical inventory taken on December 31, 2020, resulted in an ending inventory of $2130000. Oriole's gross profit on sales has remained constant at 25% in recent years. Oriole suspects some inventory may have been taken by a new employee. At December 31, 2020, what is the estimated cost of missing inventory?

$600000.

$397500.

$802500.

$202500.