you are called by tim duncan of sunland 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. incentory july $130400$ purchases $68000$ sales rev $92800$ sales return $3200$ your client reports tht the goods on hand on july $16$ cost $24400$ but you determine that this figure includes goods of $4800$ received on a consignment basis. your past recoprds show that sales are made at approximately $25\%$ over cost. duncans insurance covers only goods owned. compute the claim against the insurance company