Problem $1-2-$ COGM; cost of inventories $["$missing records"$]$

On January $30,2004,$ the manufacturing facility of a medium$-$sized company was severely damaged by an accidental fire. As a result, the company's direct materials, work$-$in$-$process, and finished goods inventories were destroyed. The company did have access to certain incomplete accounting records, which revealed the following:

Beginning inventories, January $1,2004$ :

$\backslash$table$[[$DM$,$$$32,000$