The following data forFern's Florist Shop shows the first seven months of its fiscalyear:

What is the estimated endinginventory?

A.

$38,700

B.

$63,410

C.

$65,590

D.

$90,300

Data

Beginning inventory $53,500

Purchases 75,500

Net sales revenue 93,700

Normal gross margin percent. 30%