Problem 3 (4 marks) (7 minutes) On January 13, 20x8, the Bamboo Brush store was destroyed in a fire Luckily, the accounting records were kept in a separate location and the company was able to reconstruct the following information Inventory at January 1, 20x8 $100,000 Sales from January 1 to January 13 60,000 Purchases from January 1 to January 13 10,000 Gross profit percentage on sales 40% Calculate the cost of inventory destroyed by the fire