Sheridan Music Company sells three principal types of musical instruments, with varying percentages of gross profit on cost.

		Harps		Violins		Cellos
Gross profit percentage		30%		35%		40%

On May 9, 2017 a fire destroyed Sheridans office and the warehouse in which it stored the instruments. To file a report of loss for insurance purposes, the company must know what the inventories were immediately preceding the fire. Unfortunately Sheridan Music Company did not maintain any perpetual inventory records. A general ledger was kept and computer records related to the ledger were backed up to the cloud nightly. You were able to ascertain the following from the general ledger.

		Harps		Violins		Cellos
Inventory, Jan. 1, 2017		$ 172,000		$ 103,200		$ 129,000
Purchases to May 9, 2017		129,000		43,000		64,500
Sales Revenue to May 9, 2017		251,550		127,710		204,680

Submit your estimate of the inventory amounts immediately preceding the fire.

		Harps		Violins		Cellos
Inventory		$ enter a dollar amount		$ enter a dollar amount		$ enter a dollar amount