The following information is available for October for Norton Company. (Round answers to 0 decimal places, e.g. 5,275.)

Beginning inventory	$400000
Net purchases	1200000
Net sales	2400000
Percentage markup on cost	66.67%

A fire destroyed Nortons October 31 inventory, leaving undamaged inventory with a cost of $24000. Using the gross profit method, the estimated ending inventory destroyed by fire is