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The following information is available for October for Barton Company

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The following information is available for October for Barton Company. Beginning inventory € 50,000 Net purchases 150,000 Net sales 300,000 Percentage markup on cost 66.67% A fire destroyed Barton's October 31 inventory, leaving undamaged inventory with a cost of €3,000. Using the gross profit method, the estimated ending inventory destroyed by fire is: a. €17,000. b. €77,000. c. €80,000 d. €100,000