Problem 6-13A Estimating ending inventory-gross profit method L06 CHECK FIGURE: $188,176 Quebec Traffic Company had a fire on March 10, 2020, that destroyed a major portion of its inventory. The salvaged accounting records contained the following information: $ 355,600 187,400 Soles, January 1 to March 10 Net merchandise purchased January 1 to March 10 Additional information was determined from the 2019 annual report: Income statement: Sales Cost of goods sold Balance sheet Merchandise inventory Quebec Traffic was able to salvage Inventory with a cost of $106,300 $3,300,000 1,782,000 299,100 1 Required Determine the amount of inventory lost by Quebec Traffic as a result of the fire. Quebec Traffic has a December 31 year-end. Round the gross profit ratio to the nearest whole percentage point. 453