Tennessee Ltd's accounting records reported the following information: Inventory, Jan 1, 2020 $300,000 Purchases during 2020 1.500.000 Sales during 2020 2,000,000 A physical inventory taken on December 31, 2020 resulted in an ending inventory of $350,000 Tennessee's gross profit on sales fuas remained constant at 30% in recent years Tennessee suspects some inventary may have been taken by a new employee. A December 31, 2020 what is the estimated cost of the missing inventory $400.000 $100.000 $75.000 $30,000