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Crane requires an estimute of the cost of goods iost by fise on March 9 . Merchandise on hand on January 1 was $82.000. Purchases

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Crane requires an estimute of the cost of goods iost by fise on March 9 . Merchandise on hand on January 1 was $82.000. Purchases totaled $180,000 to March 9 . Goods costing $20,900 were left undarnaged by the fire; remaining goods were destroyed. (a) Your answer has been swed, See score details atter the due date. Compute the cost of soods destroyed. Cost of goods destroved Attempts: 1 of 1 used (b) Compute the cost of goods destroved, assuning that the gross profit is 25% of sales. Costol goods destroyed

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