Windsor Company lost most of its inventory in a fire in December just before the year-end physical inventory was taken. Corporate records disclose the following. Inventory (beginning) $ 79,600 Sales revenue $409,400 Purchases 295,600 Sales returns 21,300 Purchase returns 27,600 Gross profit % based on net selling price 38 % Merchandise with a selling price of $30,200 remained undamaged after the fire, and damaged merchandise has a net realizable value of $8,200. The company does not carry fire insurance on its inventory. Compute the fire loss incurred. (Do not use the retail inventory method.) Inventory fire loss $ A