Current Attempt in Progress

You are called by Tim Duncan of Metlock 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.

Your client reports that the goods on hand on July $16$ cost $\backslash$$$27,450,$ but you determine that this figure includes goods of $\backslash (\backslash$$ $5,400\backslash )$ received on a consignment basis. Your past records show that sales are made at approximately $\backslash (25\backslash \%\backslash )$ 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$.78\mathrm{.}736\backslash \%$ and final answer to $0$ decimal places, e$.$g$.28,987.)$

Claim against the insurance company $\backslash$$