Question 14 A fire destroys all of the merchandise of Marigold Company on February 10, 2017. Presented below is information compiled up to the date of the fire. Inventory, January 1, 2017 $427,300 Sales revenue to February 10, 2017 2,107,200 Purchases to February 10, 2017 1,068,680 Freight-in to February 10, 2017 62,460 Rate of gross profit on selling price 45% What is the approximate inventory on February 10, 2017? Inventory at February 10, 2017 Click if you would like to Show Work for this question: Open Show Work