You are called by Tim Duncan of Shamrock 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. $ 41,600 Inventory, July 1 Purchases-goods placed in stock July 1-15 Sales revenue-goods delivered to customers (gross) Sales returns-goods returned to stock 89,200 126,800 4,300 Your client reports that the goods on hand on July 16 cost $28,600, but you determine that this figure includes goods of $5,500 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 2 decimal places, eg. 78.73% and final answer to O decimal places, eg. 28,987) Claim against the insurance company $