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Bramble Lumber Company handles three principal lines of merchandise with these varying rates of gross profit on cost Lumber 25% Milwork 30% Hardware and Fittings

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Bramble Lumber Company handles three principal lines of merchandise with these varying rates of gross profit on cost Lumber 25% Milwork 30% Hardware and Fittings 40 On August 18, a fire destroyed the office, lumber shed, and a considerable portion of the lumber stacked in the yard. To file a report of loss for insurance purposes, the company must know what the Inventories were immediately preceding the fire. No detail or perpetual investory records of any kind were maintained. The only pertinent information you are able to obtain are the following facts from the general ledger, which was kept in a fireproof vauk and thus escaped destruction Lumber Millwork Hardware Inventory, Jan 1, 2020 $246,000 $88.700 $45,900 Purchases to Aug. 18, 2020 1,498,700 368,000 160,800 Sales to Aug. 18, 2020 2,065,200 504,400 189,000 Suomet your estimate of the Inventory amounts immediately preceding the fire (Round ratios for computational purposes to 5 decimal places, e.g. 78.7426546 and final answers to decimal places, e.g. 28,987.) Lumber Mullwork Hardware Inventory lir

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