Suzuki Company lost all of its inventory in a fire on December 26, 2015. The accounting records showed the following gross profit data for November and December November Net sales Beginning inventory Purchases Purchase returns and allowances Purchase discounts Freight-in Ending inventory December(to 12/26) $593,881 $695,600 32,300 36,200 385,400 421,800 13,100 15,000 8,400 9,600 8,800 9,600 36,200 Suzuki is fully insured for fire losses but must prepare a report for the insurance company. (a) Compute the gross profit rate for November (b) Using the gross profit rate for November, determine the estimated cost of the inventory lost in the fire