Wildhorse, Inc. estimates the cost of its physical inventory at March 31 for use in an interim financial statement. The rate of markup on cost is 30%. The following account balances are available: Inventory, March 1 $547000 Purchases 427000 Purchase returns 17000 Sales during March 741000 The estimate of the cost of inventory at March 31 would be O $233000 O $387000 O $216000 O $404000 Save for later Attempts: 0 of 1 used to