In 2022, Stormy Company experienced a major casualty loss. The roof of its warehouse collapsed in an ice storm and destroyed its entire inventory. The company began the year with inventory of $300. It made purchases of $6,600 but returned $70 worth of merchandise. Sales prior to the ice storm were $11,000. Stormy must use the gross profit method to determine inventory on hand on the date of the casualty. The following is an excerpt of its income statement for the last three years. Requirement a. Assume that Stormy uses the most recent three years of net sales and cost of goods sold to determine its historical gross profit. What are estimated cost of goods sold, estimated gross profit, and estimated ending inventory? Calculate Stormy's estimated cost of goods sold for 2022. (Round any interim percentage calculations to one decimal place, XX% Round the final estimated cost of goods sold amount that you enter into the table below to the nearest whole dollar.) Estimated cost of goods sold 3759 Calculate Stormy's estimated gross profit for the current year. (Round any interim calculations and the final estimated gross profit amount that you enter into the table below to the nearest whole dollar.) Estimated gross profit | 6741 Calculate Stormy's estimated ending inventory (Round any interim calculations and the final estimated ending inventory amount that you enter into the table below to the nearest whole dollar.) Estimated ending inventory D Requirement b. Assume that Stormy uses the most recent two years of net sales and cost of goods sold to determine its historical gross profe. What are estimated cost of goods sold, estimated gross proft, and estimated ending Inventory? Calculate Stormy's estimated cost of goods sold for 2022 assuming the most recent two years of net sales and cost of goods sold to determine its historical gross profit. (Round any interim percentage calculations to one decimal place, XX% Round the final estimated cost of goods sold amount that you enter into the table below to the nearest whole dollar) Estimated cost of goods sold Calculate Stormy's estimated gross profit for the current year. (Round any interim calculations and the final estimated gross profit amount that you enter into the table below to the nearest whole dollar)