Exercise 9-15 Adams Legler requires an estimate of the cost of goods lost by fire on March 9. Merchandise on hand on January 1 was $38,200. Purchases since January 1 were $76,900; freight-in, $3,700; purchase returns and allowances, $2,700. Sales are made at 33 1/3% above cost and totaled $106,100 to March 9. Goods costing $10,400 were left undamaged by the fire; remaining goods were destroyed 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 s LINK TO TEXT Compute the cost of goods destroyed assuming that the gross profit is 33 3% of sales. Roundratios for computational Purposes to 5 decima places, e9-78 2 s and fina answer to 0 decimal places, e.g. 28,987.) Cost of goods destroyed s Click if you would like to Show Work for this question: Open Show Work