Please use the information in the photo to answer the questions. Thank you

lew History Bookmarks Tools Window Help $ 48% Tue 2:43 AM Q wa Ch 9: Homework X C Get Homework Help With Che x + @ ( https://learn.wileyplus.com/courses/28197/assignments/2679248?module_item_id=9129597 E cess Sunland Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information for the month of May. Inventory, May 1 $ 165,300 Purchases (gross) 619,800 Freight-in 30,100 pport Sales revenue 940,100 Sales returns 68,700 Purchase discounts 11,600 Compute the estimated inventory at May 31, assuming that the gross profit is 25% of net sales. The estimated inventory at May 31 $ e Textbook and Media Compute the estimated inventory at May 31, assuming that the gross profit is 25% of cost. (Round percentage of sales to 2 decimal places, e.g. 78.74% and final answer to O decimal places, e.g. 6,225.) The estimated inventory at May 31 $ 29 A w 20 S BOB FA F6 F10 delete R