Quebec Traffic Company had a fire on March $10,2023,$ that destroyed a major portion of its inventory. The salvaged accounting records contained the following information:

Sales, January $1$ to March $10$ $ $370,600$

Net merchandise purchased January $1$ to March $10202,400$

Additional information was determined from the $2022$ annual report:

Income statement:

Sales $ $3,320,000$

Cost of goods sold $1,726,400$

Balance sheet:

Merchandise inventory $314,100$

Quebec Traffic was able to salvage inventory with a cost of $$106,600.$

Required:

Determine the amount of inventory lost by Quebec Traffic as a result of the fire. Quebec Traffic has a December $31$ year$-$end.