Current Attempt in Progress

You are called by the CFO of Novak Co$.$ on March $9$ and asked to prepare a claim night before. You suggest that an inventory be taken immediately. The following c

Inventory, March $1$

Purchases$-$goods placed in stock March $1-9$

Sales$-$goods delivered to customers $($gross$)$

Sales returns$-$goods returned to stock

$$72,200$

$104,000$

$91,000$

$2,700$

Your client reports that the goods on hand on March $9$ cost $$23,100,$ but you deter $$7,400$ received on a consignment basis. Your past records show that sales are mad insurance covers only goods owned.

Compute the claim against the insurance company. $($Round ratios for computational pi answer to $0$ decimal places, e$.$g$.28,987.)$

Claim against the insurance company