Question two: (10 marks) During December 2020 a fire damaged the South Africa co stores, the following information is available from books: Purchases 885,000 Purchased discount 35,000 Beginning inventory 350,000 Fright in 25,000 Sales 1,650,000 Sales discount 45,000 Freight out 14,000 Account receivables 700,000 Purchases returns 15,000 Undamaged inventory 28,000 Sales return 85,000 Consigned goods 20,000 The company has the following information for the previous years 2017 2018 2019 NOOOOOOOOORS Required: calculated the company losses from fire