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 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, 2021	$	29,000		$	7,900		$	3,900
Net purchases through Nov. 17		195,000			45,000			12,900
Net sales through Nov. 17		245,000			64,000			20,900
Historical gross profit ratio		15	%		25	%		30	%

Toppings	Estimated Loss of inventory
Fruit
Marshmallow
Chocolate