Westor Company lost all of its inventory in a fire on December 28, 2021. The accounting records showed the following gross profit data for November and December: November December (to Dec. 28) Sales $674,000 $965,390 Sales Returns and Allowances 14,000 26,600 Purchases 441,190. 621,660 Purchase returns and allowances 17,550 22,575 Freight in 6,860 12,300 Beginning inventory 34,050 39,405 Ending inventory 39,405 Westor is fully insured for fire losses but must prepare a report for the insurance company.