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a *41. Medical Suppliers warehouse was destroyed by a tomado on March 15, 2020. The following information was the only information salvaged from the destruction:
a *41. Medical Suppliers warehouse was destroyed by a tomado on March 15, 2020. The following information was the only information salvaged from the destruction: Inventory, beginning: $31,000 Purchases for the period: $22,000 Sales for the period: S63,000 Sales returns for the period: 8900 The company's average gross profit ratio is 35%. What is the estimated cost of the lost inventory? Working Area 3 points
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