A B D E F G Problem #4 Wino's Warehouse was destroyed by a suspicious fire on May 9, 2021. The owner of the company, Bob "Big Bobby" Weinstein is being held for questioning by the fire marshal and has asked you to estimate the cost of the destroyed inventory based upon the following unreliable information: January 1 through May 9, 2021 Sales Sales returns Sales discounts Purchases Purchase returns Purchase discounts Inventory Jan. 1, 2021 $ 3,250,000 $ 45,000 $ 25,000 $ 1,980,000 $ 31,500 $ 18,500 $ 365,000 a 2 3 4 5 -6 b Calculate the destroyed inventory assuming Big Bobby uses a 60% markup on cost Calculate the destroyed inventory assuming Big Bobby had historically recorded a 40% gross profit