Selected financial data, as of year end, December 31, for Fancy Fashion, a childrens retail store, follows. Credit sales Womens clothing $ 590,000 Mens clothing $ 190,000 Total sales Womens clothing $ 741,000 Mens clothing $ 249,000 Sales returns and allowances Womens clothing Credit sales $ 5,900 Cash sales $ 490 Mens clothing Credit sales $ 1,900 Cash sales $ 490 Book value of inventory and equipment Womens clothing $ 243,000 Mens clothing $ 57,000 Required: Fancy Fashion insurance expense for the year totaled $19,000 and is to be allocated on the basis of the book value of the inventory and equipment