The following information is available for October for Jordan Company: Beginning Inventory $100,000 Purchases 165,000 Purchase Retums 15,000 Sales Sales Returns Percentage Markup on Cost $320,000 20,000 33.33% A fire destroyed most of Jordan's October 31 inventory, leaving undamaged inventory with a cost of $3,000. Uwing the grous pret method, the estimated ending inventory destroyed by fire is: Select one: a. $47,000 b. $22,000 . $97,000 d. $20,000 e. $25,000