Records of California Marine Products Assignment

5 The info of California Marine Merchandise, Inc., revealed the subsequent information related to inventory destroyed in an earthquake: Inventory, the beginning of interval Purchases thus far of earthquake Net product sales thus far of earthquake Gross income ratio $300,000 160,000 450,000 30%
The estimated amount of inventory destroyed by the earthquake is: $325,000 $145,000 $10,000 All of these reply selections are incorrect. .