A beginning inventory of $24,000 and a gross profit rate of 35% on net sales. Estimated cost of merchandise lost $ eTextbook and Media Using multiple attempts will impact your score. 15% score reduction after attempt 3 (b) A beginning inventory of $30,000 and a gross profit rate of 45% on net sales. Estimated cost of merchandise lost $ eTextbook and Media Using multiple attempts will impact your score. 15% score reduction after attempt 3