*P6.10 (LO 6) Lisbon Pottery lost 70% of its inventory in a fire on March 25, 2020. The accounting re- cords showed the following gross profit data for February and March COMMONS: 19 alinu 2011 FOC ORO 87.03 is deco Tol Todo o time OOS S besoin OS March OOO & blafyou February (to 3/25) the inventorethod Net sales 300,000 260,000 deb nomlanibA Net purchases 197,800 OON 191,000 isis bouTAI Freight-in 2,900 nousi Beginning inventory 4,500 25,200 SCUSA webrie hver the allowin ? Ending inventory 25,200 lorto 4,000 Lisbon is fully insured for fire losses but must prepare a report for the insurance company. lol bora yoni suis Instructions bolor non odmor nad a. Compute the gross profit rate for the month of February. oda bancom todos os anosib b. Using the gross profit rate for February, determine both the estimated total inventory and inventory lost in the fire in March. ON moscow galed le bonbon