The following data and information hawe been gathered.

The fiscal year of the corporation ends on December $31.$

same period amounted to $$14,245,$ which consisted of receipts on account from customers with the exception of a $$1,045$ refund from a vendor for merchandise returned in April.

Correspondence with suppliers revealed unrecorded obligations at April $15$ of $$17,160$ for April merchandise shipments, including $$2,590$ for shipments in trarsit $($fab$.$ stipping point$)$ on that date

Inventory with a cost of $$7,700$ was salvaged and sold for $$3,850.$ The balance of the inventory was a total loss.

Compute the amount of imentary fire lose

$(3)$