please show work

1) Smith Distribution, Inc. supplies ice cream shops with marshmallow toppings. On November 17, 2019, a fire resulted in a loss of all of the marshmallow toppings stored in one section of the warehouse. The company must provide its insurance company with estimate of the amount of inventory lost. The following is available from the Company's accounting records: an Inventory - 1/1/2019 Net Purchases through Nov. 17 Net Sales through Nov. 17 Historical Gross Profit ratio $ 7,000 $36,000 $ 55,000 30% Required: Calculate the estimated ending inventory of the marshmallow toppings lost in the fire