Score: 0 of 1 pt 5 of 7 (t complete HW Score: 3.57%, 0.25 of 7 pt P6-66A (similar to) Question Help Ross Company, a camera store, lost some inventory in a fire on October 15. To lie an insurance claim, the company must estimates October 15 inventory using the gross prot method for the past two years, Rosa Company's gross profit has averaged 4% of net sales. Its inventory records reveal the following data Click the icon to view the data) Read the requirements Requirement 1. Estimate the cost of the lost invertory using the gross profit method Add Requirements Less Net purchases 1. Estimate the cost of the lost inventory using the gross proft method 2. Prepare the income statement for October 1 to October 15 for this product through gross profit Show the detailed computations of cost of goods sold in a separe schedule Estimated cost of goods sold Done Less Estimated cost of goods sold Estimated cost of ending inventory lost Choose from any list of enter any number in the input fields and then click Check Answer Check Answer Clear Al 2 parts he lo i Data Table Inventory, October 1. .... $ 57,900 Transactions October 1-15: Purchases 490,600 Purchases discounts. 15,000 Purchase returns ..... Sales...... 70,000 662,000 Print Done st