View Policies Current Attempt in Progress Indigo Corporation's March 31 inventory was destroyed by fire. January 1 inventory was $261,000, and purchases for January through March totaled $904,800. Sales revenue for the same period was $1,044,000. Indigo's normal gross profit percentage is 25% on sales. Using the gross profit method, estimate Indigo's March 31 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit