A company's warehouse contents were destroyed by a flood on September 12, The following information was the only information that was salvaged 6 1 Inventory, beginning: $28.800 2 Purchases for the period: $17800 3 Sales for the period: $55,800 4 Sales returns for the period: $780 00 4440 The company's average gross profit ratio is 32 % What is the estimated cost of the lost inventory? Multiple Cholce $31688 00 $28.993 60 $9386 40 S46.60000 $45 60000