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Current Attempt in Progress Carla Vista Music Company sells three principal types of musical instruments, with varying percentages of gross profit on cost. Harps 30%

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Current Attempt in Progress Carla Vista Music Company sells three principal types of musical instruments, with varying percentages of gross profit on cost. Harps 30% Violins 35% Cellos 40% Gross profit percentage On May 9, 2020 a fire destroyed Carla Vista's office and the warehouse in which it stored the instruments. To file a report of loss for insurance purposes, the company must know what the inventories were immediately preceding the fire. Unfortunately Carla Vista Music Company did not maintain any perpetual inventory records. A general ledger was kept and computer records related to the ledger were backed up to the cloud nightly. You were able to ascertain the following from the general ledger Inventory, Jan. 1.2020 Purchases to May 9, 2020 Sales Revenue to May 9, 2020 Harps $180,000 135,000 263,250 Violins $108,000 45,000 133,650 Cellos $135,000 67.500 214,200 Submit your estimate of the inventory amounts immediately preceding the fire. Harps Violins Cellos $ $ Inventory $

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