Question 2 of 2 1 Points At the end of November, XYZ Ltd, lost its inventory due to fire. Purchases and sales during the month were $119315 and $234034. XYZ Ltd., is fully insured for the fire losses but must prepare a report for the insurance company. The cost of inventory as of October 31 was 37955 and Company's gross profit ratio was 58.7% Calculate the estimated cost of inventory lost | in the fire