Crane Legler requires an estimate of the cost of goods lost by fire on March 9. Merchandise on hand on January 1 was $40,280. Purchases since January 1 were $76,320; freight-in, $3,604; purchase returns and allowances, $2,544. Sales are made at 331/3% above cost and totaled $120,000 to March 9. Goods costing $11,554 were left undamaged by the fire; remaining goods were destroyed. (a) X Your answer is incorrect. Compute the cost of goods destroyed. (Round gross profit percentage and final answer to 0 decimal places, e.g. 15\% or 125. ) Cost of goods destroyed $