Blossom Ltd. uses gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the month of May. Calculate the estimated imventory at May 31 , assuming that the gross profit is 30% of net sales. The estimated inventory at May 31 Calculate the estimated inventory at May 31 , assuming that the gross profit is 30% of net sales. The estimated inventory at May 31 eTextbook and Media Calculate the estimated imventory at May 31, assuming that the gross profit is 30% of cost. (Round percentage of sales to 2 decimal places, es. 78.74\% and final answer to 0 decimal ploces, eg, 6.225.) The estimated inventory at May 31