You are called by Tim Duncan of Monty Co. on July 16 and asked to prepare a claim for insurance as a result of a theft that took place the night before. You suggest that an inventory be taken immediately. The following data are available. Inventory, July 1 $35,000 Purchases-goods placed in stock July 1-15 83,000 Sales revenue-goods delivered to customers (gross) 105,000 Sales returns-goods returned to stock 4,100 Your client reports that the goods on hand on July 16 cost $29,600, but you determine that this figure includes goods of $5,900 received on a consignment basis. Your past records show that sales are made at approximately 25% over cost. Duncan's insurance covers only goods owned. Compute the claim against the insurance company. (Round ratios for computational purposes to 3 decimal places, e.g. 78.736% and final answer to O decimal places, e.g. 28,987.) Claim against the insurance company $