Peregrine Security had their entire retail inventory at the Main Street location destroyed by a fire on March 15, 2020. The inventory on hand as of January 1 totaled $4,950,000. From January 1 through the time of the fire, the company made purchases of $2,049,000, and had sales of $3,630,000. Assuming the markup is 30% of retail, what is the approximate value of the inventory destroyed in the fire? $4,458,000$7,233,000$6,144,000$4,692,000 Peregrine Security had their entire retail inventory at the Main Street location destroyed by a fire on March 15, 2020. The inventory on hand as of January 1 totaled $4,950,000. From January 1 through the time of the fire, the company made purchases of $2,049,000, and had sales of $3,630,000. Assuming the markup is 30% of retail, what is the approximate value of the inventory destroyed in the fire? $4,458,000$7,233,000$6,144,000$4,692,000