kindly, slove all requirement

QUESTION 1 Question 1: (3 Marks) ABC Inc. requires an estimate of the cost of goods lost by fire on April 30. Beginning Inventory on January 1 was $38,000. Purchases since January 1 were $92,000; freight-in, $3,400; purchase returns and allowances, $2,400. Sales are made at 25% above cost and totaled $120,000 to April 30. Goods costing $10,900 were left undamaged by the fire, remaining goods were destroyed. Instructions: Compute the cost of goods destroyed by the fire