The following information is available for october for Jordan Company: Beginning inventory dollar50,000 Net purchases 150,000 Net sales 300,000 Percentage markup on cost 66.67percentage A fire destroyed Jordan's October 31 inventory, leaving undamaged inventory with a cost of dollar3000. Using the gross profit method, the estimated ending inventory destroyed by fire is: dollar17,000 dollar77,000 dollar80,000. dollar100,000