P9.6 (L03) Groupwork (Gross Profit Method) On April 15, 2019, fire damaged the office and warehouse of Stanislaw ASA. The only accounting record saved was the general ledger, from which the trial balance below was prepared. Stanislaw ASA Trial Balance March 31, 2019 Cash 20,000 Accounts receivable 40,000 Inventory, December 31, 2018 75,000 Land 35,000 Equipment 110,000 Accumulated depreciation-equipment 41,300 Other assets 3,600 Accounts payable 23,700 Other expense accruals 10,200 Share capital-ordinary 100,000 Retained earnings 52,000 Sales revenue 135,000 Purchases 52,000 Miscellaneous expenses 26.600 362,200 362,200 The following data and information have been gathered 1. The fiscal year of the company ends on December 31. 2. An examination of the April bank statement and canceled checks revealed that ched written uring the period April 1-15 totaled 13,000: 5,700 paid to accounts payable as of March 31, 3,400 for April merchandise shipments, and 3,900 paid for other expenses. Deposits during the same period amounted to 12,950, which consisted of receipts on account from customers with the exception of a 950 refund from a vendor for merchandise returned in April. 3. Correspondence with suppliers revealed unrecorded obligations at April 15 of 15,600 for April merchandise shipments, including 2,300 for shipments in transit (f.o.b. shipping point) on that date. 4. Customers acknowledged indebtedness of 46,000 at April 15, 2019. It was also estimated that customers owed another 8,000 that will never be