Additional Information:

a$.$ Store supplies still available at fiscal year$-$end amount to $$2,250.$

b$.$ Expired insurance, an administrative expense, is $$1,400$ for the fiscal year.

c$.$ Depreciation expense on store equipment, a selling expense, is $$1,625$ for the fiscal year.

d$.$ To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $$10,500$ of inventory is still available at fiscail year$-$end.

Problem $4-5$A $($Algo$)$ Part $4$