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(b Compute the method ompue the s od fox the fint sis months unler the psriodie LITO iverntory pricing method 23 . (d)Compute the gross profit for the first six months under the moving average invenory pricing method Gross profit method. An inventory taken the morning after a large theft discloses $60,000 of goods on hand as of Marcl 12. The following additional data is available from the books: Inventory on hand, March Purchases received, March 1 -1 Sales (goods delivered to customers) $ 84,000 63,000 105,000 Past records indicate that sales are made at 40% above cost. Instructions Estimate the inventory of goods on hand at the close of business on March 11 by the and determine the amount of the theft loss. Show appropriate titles for all amounts in your presentation fit nuentury um hand,merth 3,00 41,000 12,000 12,000 als Theft of lom