P 1. 1. Cost of goods available for sale: $157,980
P 2. 1. Cost of goods sold: March, $4,578; April, $15,457
P 3. 1. Cost of goods sold: March, $4,560; April, $15,424
P 4. Estimated inventory shortage: At cost, $6,052; At retail, $8,900
P 5. Estimated loss of inventory in fire: $653,027
P 6. Cost of goods available for sale: $10,560,000
P 7. 1. Cost of goods sold: April, $9,660; May, $22,119
P 8. 1. Cost of goods sold: April, $9,580; May, $21,991