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Crane Company lost all of its inventory in a fire on December 28, 2021. The accounting records showed the following gross profit data for November and December:

		November			December (to Dec. 28)
Sales		$674,000			$964,000
Sales Returns and Allowances		16,000			24,000
Purchases		439,000			621,000
Purchase returns and allowances		18,000			21,000
Freight in		7,200			13,000
Beginning inventory		35,000			39,400
Ending inventory		39,400			?

Crane is fully insured for fire losses but must prepare a report for the insurance company.

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Calculate gross profit for the month of November.

Gross profit

$

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Calculate the gross profit margin percentage for November. (Round gross profit margin to 1 decimal place, e.g. 52.7%.)

Gross profit margin

$

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Determine the amount of inventory lost by Crane Company as a result of the fire using the gross profit method. (Round gross profit margin to 1 decimal place, e.g. 52.7% and final answer to 0 decimal places, e.g. 5,275.)

Inventory lost by Crane

$

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