Suppose Mountain Clothing suffered a hurricane loss and needs to estimate the cost of the goods destroyed. Beginning inventory was $90, 000, net cost of purchases totaled $540, 000, and sales came to $900, 000. Mountain's normal gross profit percentage is 54%. Use the gross profit method to estimate the cost of the inventory lost in the hurricane. A. $144, 000 B. $630, 000 C. $486, 000 D. $216, 000