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Sounds on Wheels, Inc. sells and installs audio equipmont. warehouse. Sounds on Whools, Inc.'s accounting records refect the folowing information EB Click the ioon to

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Sounds on Wheels, Inc. sells and installs audio equipmont. warehouse. Sounds on Whools, Inc.'s accounting records refect the folowing information EB Click the ioon to view the accounting reoords.) Sounds on Whools, Inc's entire inventory was destroyed during a recent fire that oocurred in itbs 1. Use the gross profit method to estimate the amount of Sounds on Wheels, Inc's inventory loss. Begin by caloulaing the cost of goods aveilable and then compute the estimatod cost of the inventory loss. Cost of goods availablke Estimated cost of goods sold: Less: Estimated cost of inventory destroyed Choose from any list or enter any number in the input fields and then continue to the next question. The FIFO Method, LIFO Method and Weighted Average Cost

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