Wildhorse Company reported the following information for November and December 2022 November December $530,000 $600,000 138.000 163 550 Cost of goods purchased Inventory beginning of month Inventory, end-of-month Sales revenue 163550 ? 855.000 1.000.000 Wildhorse's ending inventory at December 31 was destroyed in a fire (a) Your answer is correct Type here to search 5 2 0 R mi w H 3 G F V D S A B N Z X C Gross profit rate 41 % e Textbook and Media b) * Your answer is incorrect. Using the gross profit rate for November, determine the estimated cost of inve $ 163550 Estimated cost of ending inventory arch hp