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Problem 9-5 (Algo) Gross profit method (L09-2] 4 1 points Smith Distributors, Inc., supplies ice cream shops with various toppings for making sundaes. On November 17, 2021, a fire resulted in the loss of all of the toppings stored in one section of the warehouse. The company must provide its insurance company with an estimate of the amount of inventory lost. The following information is available from the company's accounting records: Truit Karshmallow Chocolate sopping Topping Topping Loventory, January 1, 2021 $ 16,000 $ 6,500 $ 2,600 Net purchases through Nov. 17 130,000 32,000 11,600 Net sales through Nov. 17 180,000 51,000 19,600 Historioal gross profit ratio 250 355 356 8 02:09:55 References Required: 1. Calculate the estimated cost of each of the toppings lost in the fire. Estimated cost of lost inventory Toppings Frut Marshmallow Chocolate