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Smith Distributors, Inc supplies ice cream shops with various toppings for making sundaes. On November 17, 2021, a fire resulted in the loss of all

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Smith Distributors, Inc supplies ice cream shops with various toppings for making sundaes. On November 17, 2021, a fire resulted in the loss of all of the toppings stored in one section of the warehouse. The company must provide fts Insurance company with an estimate of the amount of Inventory lost. The following information is available from the company's accounting records Inventory, January 1, 2021 Net purchases through Nov. 17 Netter through Nov 17 storical gross profit ratio Fruit Marshmallow toppings Toppings 3 le,eee $6,000 100,000 26.000 150.000 45,000 35% au Chocolate Toppings $ 2,00 13,000 10. De Us Required: 1. Calculate the estimated cost of each of the toppings lost in the fire Estimated cost of lost inventory Toppings EUR Marshmallow Shoc

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