ticlak the icon to vigw the data) Read the tepulimesta Requiremest 1. Estimate the cout af the have Begin by showing the detaked cornputations of coct of goods todld Now perpare the Auguat income thatemeat for this predud throegh omss prot? 1. Estrate the ceet of the loal frentery using the gross proff method 2. Prepare the inceme statement for Augast 1 to Aupust 15 for thin peoduct through gross proft Show the detaled cocrertations of cest of goods sodt in a separate schedle (1) (3) Begining mentery Estimaled gross peot of 43%. Net sales revenue Pus (4) Cost of goods avalable Purchase dnccunt: Purchase returs (9) Data table Requirements 1. Estimate the cost of the lost inventory using the gross profit method. 2. Prepare the income statement for August 1 to August 15 for this product through gross profit. Show the detailed computations of cost of goods sold in a separate schedule. ticlak the icon to vigw the data) Read the tepulimesta Requiremest 1. Estimate the cout af the have Begin by showing the detaked cornputations of coct of goods todld Now perpare the Auguat income thatemeat for this predud throegh omss prot? 1. Estrate the ceet of the loal frentery using the gross proff method 2. Prepare the inceme statement for Augast 1 to Aupust 15 for thin peoduct through gross proft Show the detaled cocrertations of cest of goods sodt in a separate schedle (1) (3) Begining mentery Estimaled gross peot of 43%. Net sales revenue Pus (4) Cost of goods avalable Purchase dnccunt: Purchase returs (9) Data table Requirements 1. Estimate the cost of the lost inventory using the gross profit method. 2. Prepare the income statement for August 1 to August 15 for this product through gross profit. Show the detailed computations of cost of goods sold in a separate schedule