Riverbed Company lost most of its inwentory in a fire in Docember just before the yeare end ohyical invernoeywes Laken Thet corporation's books disclosed the follswing. Merchandise with a selling price of $21.700 remained undamaged after the fire. Damaged merchandise with an aritivul welinit priced $14,500 had a net realizable value of $5,400 Compute the amount of the loss as a result of the fire, assuming that the comporation had no inurance conerage Amount of the loss $