34910 is not the correct answer. Somebody please help me, thanks.

Flounder Company lost most of its inventory in a fire in December just before the year end physical inventory was taken. The corporation's books disclosed the following. Beginning inventory Purchases for the year Purchase returns $155,300 368.400 31.200 Sales revenue Sales returns Rate of gross profit on net sales $655.700 23.800 30 % Merchandise with a selling price of $21.800 remained undamaged after the fire. Damaged merchandise with an original selling price of $13.500 had a net realizable value of $5.100. Compute the amount of the loss as a result of the fire, assuming that the corporation had no insurance coverage. Amount of the loss S 34910