CullumberLegler requires an estimate of the cost of goods lost by fire on March 9. Merchandise on hand on January 1 was $41,040. Purchases since January 1 were $77,760; freight-in, $3,672; purchase returns and allowances, $2,592. Sales are made at 331/3% above cost and totaled $123,000to March 9. Goods costing $11,772were left undamaged by the fire; remaining goods were destroyed.

Compute the cost of goods destroyed.(Round gross profit percentage and final answer to 0 decimal places, e.g. 15% or 125.)

Cost of goods destroyed $ _________