Part B. (5 marks) Hector Company's records indicate the following information: Inventory, January 1, 2018 $ 550,000 Purchases during 2018 2,250,000 Sales during the year 3,000,000 On December 31, 2018, a physical inventory count determined that El of $600,000 was in the warehouse. Hector's gross profit on sales has remained constant at 30%. Hector suspects some of the inventory may|| have been taken by some unsavory employees. Required: At December 31, 2018, what is the estimated cost of missing inventory