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1. Firm B had a fire in one of their warehouses on April 1 that destroyed all of their inventory of Products A, B, and C. Firm B must provide its insurance company with an estimate of the amount of inventory lost. The following information is available from the company's accounting records:

		Product
	A	B	C
Inventory, January 1, 2021	121,000	14,000	3,500
Net purchases through April 1	155,000	36,000	6,000
Net sales through April 1	205,000	56,000	4,500
Historical gross profit ratio	25%	40%	35%

Using the Gross Profit Method, estimate ending inventory for each product:

1. Product A = _______________
2. Product B = _______________
3. Product C = _______________