the requirements Irement 1. Estimate the cost of the lo Data Table - $ 57800 Inventory, December Transactions December 1-15 Purchases lot purchases Purchases discounts Purchase Tours Sales 490,900 14,000 70.600 666,000 Estimated cost of goods sold: Less Print Done Estimated cost of goods sold Estimated cost of ending inventory lost Requirement 2. Prepare the income statement for December 1 to December 15 for this product through gross proft, Show the detaied computations of cost of goods Choose from any list or enter any number in the rout fields and then continue to the next question This course USA Banda Accounting Summer 2020 Las Palas College is based on Thomaet Financial Accounting 12 MacBook Air so 23 FO 90 bul . 2 $ 4 3 96 5 & 7 6 00 + 9 0 W E R T Y U - o P S D F G J I K L .. X C > V B N M 1 mand command optic Watertown Company, a camera store, lost some inventory in a fire on December 15. To file an insurance claim, the company must estimate its December 15 inventory using the gross profit method. For the past two years, Watertown Company's gross proft has averaged 45% of net sales. Its inventory records reveal the following data Click the icon to view the data) Read the girements Requirement 1. Estimate the cost of the lost inventory using the gross profit method At Ubrary Net purchases urces Estimated cost of goods sold Study Mod Less nication to Estimated cost of 9000 sold Estimated conting intory lost Requirement 2. Prepare the income statement for December 1 December 15 for this product through gross profit Show the detailed computations of cost of goods Choose from any list or enter any uber in the input folds and then continue to the nation the USA and Summer 2020 bed on Thomas MacBook Air so FF B: 28 18 9 & 2 $ 4 7 3 36 5 6 IN 8 9 O Q W E R T Y C 1 o P A S D F G H J K L N C V B N