Additional Information:

Store supplies still available at fiscal year$-$end amount to $$2,050.$

Expired insurance, an administrative expense, is $$1,800$ for the fiscal year.

Depreciation expense on store equipment, a selling expense, is $$1,525$ for the fiscal year.

To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $$10,200$ of inventory is still available at fiscal year$-$end.