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Current Attempt in Progress Headland SA lost most of its inventory in a fire in December just before the year-end physical inventory was taken. The

image text in transcribed Current Attempt in Progress Headland SA 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. Merchandise with a selling price of R$23,940 remained undamaged after the fire. Damaged merchandise with an original selling price of R$17,100 had a net realizable value of R$6,110. Compute the amount of the loss as a result of the fire, assuming that the company had no insurance coverage. Amount of the loss R$

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