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 The owner arrived early one morning at her place of business to find that her shop had been burglarized during the prior night

Accounting

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 The owner arrived early one morning at her place of business to find that her shop had been burglarized during the prior night. Use the following information that the owner gathered to estimate the amount of inventory that was stolen. Normal gross margin rate 50% Beginning inventory, January 1 $50,000 Purchases to date, $199,000 Sales to date. $440,000 A. $19,000 B. $29,000 C. $39,000 D. $49,000