Smith Distributors, Inc., supplies ice cream shops with various toppings for making sundaes. On November 17, 2018, a fire resulted in the loss of all of the toppings stored in one section of the warehouse. The company must provide its insurance company with an estimate of the amount of inventory lost. The following information is available from the company's accounting records: Fruit Toppings Marshmallow Toppings Chocolate Toppings Inventory, January 1, 2018 $ 21,000 $ 7,100 $ 3,100 Net purchases through Nov. 17 155,000 37,000 12,100 Net sales through Nov. 17 205,000 56,000 20,100 Historical gross profit ratio 20 % 35 % 35 % Required: 1. Calculate the estimated cost of each of the toppings lost in the fire.