NUIT Exercise 9-14 Windsor Company uses the grous prot method to estimate inventory for more reporting Inventory, May 1 Purchases (grass) Freight-in e Presented information for the month of May. Sales returns Purchase discounts Compute the estimated Inventory at May 31, assuming that the gross profits 25 of metales The estimated Inventory at May 31s Compute the estimated inventory at May 31, assuming that the gross profit is 25% of cont (Round percentage of sales to 2 decimal places . 78.74% and answer to decimal places The estimated Inventory at May 31s . 125.)