he following amounts appeared on the Mendelstein Company$$s adjusted trial balance as of October $31,2023,$ the end of its fiscal year:

Debit Credit

Merchandise inventory $ $1,500$

Other assets $42,000$

Liabilities $ $38,340$

Joe Mendelstein, capital $37,465$

Joe Mendelstein, withdrawals $3,200$

Interest income $160$

Sales $98,400$

Sales returns and allowances $7,700$

Sales discounts $1,145$

Purchases $43,700$

Purchase returns and allowances $2,250$

Purchase discounts $920$

Transportation$-$in $5,150$

Sales salaries expense $18,000$

Rent expense, selling space $9,400$

Store supplies expense $3,400$

Advertising expense $9,200$

Office salaries expense $22,200$

Rent expense, office space $7,800$

Office supplies expense $3,140$

Totals $ $177,535$ $ $177,535$

A physical count shows that the cost of the ending inventory is $$12,800.$