QUESTION 11 The following information is available for October for Barton Company. Beginning inventory $ 50,000 Net purchases 150,000 Net sales 300,000 Gross profit percentage on cost 66 2/396 A fire destroyed Barton's October 31 inventory, leaving undamaged inventory with a cost of $3,000. Using the gross profit method determine how much is the estimated inventory destroyed by fire? Round amounts to whole dollars TT T Arial 3 (12pt) T.E.E. S. 225