P$6-10$B Estimate inventory loss using aross profit method

Liis Name Box f its inventory in a fire on March $25,2015.$ The accounting records showed the following gro Name BoX pruary and March.

Net sales

Net purchases

Freight$-$in

Beginning inventory

Ending inventory

$\backslash$table$[[,\backslash$table$[[$March $($to$],[$February$]]],[$$$300\mathrm{.}000,$$$250\mathrm{.}000$