There was a fire at the DEF, Inc. warehouse buming down a significant amount of the company's inventory. The controler decided to use the gross proft method to determine ending inventory Prior gross margin perontage was always 55% to 60% Prepare an analysis showing the sange of ending inventory using this method. (10 points salas per the income statement Beginning Inventory (por balance shoot Purchases during the year $2,500.400 $400,000 $1,800, 550 took