The U5:31 FH Henning: 91 min. CALCULATOR BACK NEXT Question 28 The following information is available for October for Oriole Company. (Round answers to o decimal places, e.g. 5,275.) Beginning inventory $310000 1020000 Net purchases Net sales Percentage markup on cost 2040000 66.67% A fire destroyed Oriole's October 31 Inventory, leaving undamaged Inventory with a cost of $19500. Using the gross profit method, the estimated ending Inventory destroyed by fire is $524500. $544000 $710000 $86500 SUBMIT ANSWER Question Attempts: 0 of 1 used