te the estimated in 9-15 (LO4) (Gross Profit Metho on hand on January 1 was $38,000 P $2400. Sales are made at 33b%above remaining goods were destroyed re; s Instructions (a) Compute the cost of goods des (b) Compute the cost of goods dest h(L04) (Gross Profit Method) Wa E9- -16 cal inventory was taken. The co te the estimated in 9-15 (LO4) (Gross Profit Metho on hand on January 1 was $38,000 P $2400. Sales are made at 33b%above remaining goods were destroyed re; s Instructions (a) Compute the cost of goods des (b) Compute the cost of goods dest h(L04) (Gross Profit Method) Wa E9- -16 cal inventory was taken. The co