$6-10$A Compute gross profit rate and inventory loss using gross profit method

uzuki Company lost all of its inventory in a fire on December $26,2015.$ The accounting records showed the bllowing gross fprofit data for November and December.

Net sales

Beginning inventory

Purchases

Purchase returns and allowances

Purchase discounts

Freight$-$in

Ending inventory

$\backslash$table$[[$November$,($to $12/26)],[$$$600,000,$$$700,000$