Recordings View Policies Current Attempt in Progress ccounting Jpdates ok Riverbed Company reported the following information for November and December 2020. November December $505,000 $688.000 ons Cost of goods purchased Inventory, beginning-of-month Inventory, end-of-month 104.000 75,720 75,720 ? Sales revenue 808,000 983,000 ati Riverbed's ending inventory at December 31 was destroyed in a fire. 55 Compute the gross profit rate for November. (Round answer to 0 decimal places, e.g. 15%.) Gross profit rate % e Textbook and Media Riverbed's ending inventory at December 31 was destroyed in a fire. 55 Compute the gross profit rate for November (Round answer to decimal places, s. 15X.) Gross profit rate e Textbook and Media Using the gross profit rate for November, determine the estimated cost of inventory lost in the fire. (Round answer to decimal places, e.g. 1.250.) Estimated cost of ending Inventory S eTextbook and Media Attempts: 0 of 3 used