8 125 points Smith Distributors, Inc, supplies ice cream shops with various toppings for making sundaes On November 17,2021. a fire resulted in the loss of all of the toppings stored in one section of the warehouse. The company must provide its insurance company with an estimate of the amount of inventory lost. The following information is available from the company's accounting records Fruit Marshmallow Chocolate Toppines Toppings Toppings Inventory, January 1, 2021 $ 18,000 $ 6,500 $ 2,800 Net purchases through Nov. 17 140,000 34,000 11,800 Net soles through Nov. 17 190,000 53,000 19,800 Historical gross profit ratio 25% BOX 35 Book Required: 1. Calculate the estimated cost of each of the toppings lost in the fire Estimated cost of lost inventory Toppings Fruit Marshmallow Chocolate