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Smith Distributors, Inc, supplies ice cream shops with various toppi the loss of all of the toppings stored in one section of the warehous estimate of the amount of inventory lost. The following information Inventory, January 1, 2021 Net purchases through Nov. 17 Net sales through Nov. 17 Historical gross profit ratio Fruit Toppings $ 30,000 200,000 250,000 15% Marshmallow Ch Toppings $ 8,000 46,000 65,000 25% Required: 1. Calculate the estimated cost of each of the toppings lost in the fin Smith Distributors, Inc, supplies ice cream shops with various toppi the loss of all of the toppings stored in one section of the warehous estimate of the amount of inventory lost. The following information Inventory, January 1, 2021 Net purchases through Nov. 17 Net sales through Nov. 17 Historical gross profit ratio Fruit Toppings $ 30,000 200,000 250,000 15% Marshmallow Ch Toppings $ 8,000 46,000 65,000 25% Required: 1. Calculate the estimated cost of each of the toppings lost in the fin