The Memphis Pecan Company experienced a tornado that destroyed the company's entire On April 24 of the current year, inventory. At the beginning of April, the company reported beginning i the date of the tornado) was $199,500. Sales for the month of April through April 24 were $644,200 Assuming the c iventory of $228,450 Inventory purchased during April unt ompany's typical gross profit ratio is 50%, estimate the amount of inventory destroyed in the tornado. Multiple Choice 06 322100 $158638 $105.850 213,975 216.250