of merchandise with these varying rates of gross profit on Buffalo Lumber Company handles three Lumber Millwork Hardware and fittings On August 18, a fire destroyed the office, Number shed, and a considerable portion of the lumber stacked in the yard. To file a report of loss for insurance purposes, the company must know what the inventories were immediately preceding the fire. No detail of perpetual inventory records of any kind were maintained. The only pertinent information you are able to obtain are the following facts from the general ledger, which was kept in a fireproof vault and thus escaped destruction Milwon $44.600 Inventory. Jan 1, 2017 8250,000 $90,000 Purchases to Aug. 18, 2017 1,499,000 370.600 161,200 Sales to Aug. 18, 2017 540,100 Submit your estimate of the inventory amounts immediately preceding the fire (Round ratios for computational decimal places 28.987.) 211,400 poses to 5 decimal places