$On$ July $15,2026,$ fire damaged the office and warehouse $of$ Pina Corporation. The only accounting record saved was the general

ledger, from which the following trial balance was prepared:

PINA CORPORATION

TRIAL BALANCE

June $30,2026$

The following data and information have been gathered.

The fiscal year $of$ the corporation ends $on$ December $31.$

$An$ examination $of$ the July bank statement and canceled checks revealed that checks written during the period July $1-15$

totaled $$64,300$:$$54,600$ paid $to$ accounts payable $asof$ June $30,$$$3,000$ for July merchandise shipments, and $$4,100$ paid for

other expenses. Deposits during the same period amounted $to$ $$77,400,$ which consisted $of$ receipts $on$ account from

customers with the exception $ofa$ $$1,500$ refund from a vendor for merchandise returned $in$ July.

Correspondence with suppliers revealed unrecorded obligations $at$ July $15of$ $$28,700$ for July merchandise shipments,

including $$1,530$ for shipments $in$ transit $(f.o.b.$ shipping point$)on$ that date.

Customers acknowledged indebtedness $of$ $$157,800at$ July $15,2026.It$ was also estimated that customers owed another

$$13,300$ that will never $be$ acknowledged $or$ recovered. $Of$ the acknowledged indebtedness, $$2,200$ will probably $be$

uncollectible.

The companies insuring the inventory agreed that the corporation's fire$-$loss claim should $be$ based $on$ the assumption that

the overall gross profit rate for the past $2$ years was $in$ effect during the current year. The corporation's audited financial

statements disclosed this information:

Inventory with a cost $of$ $$11,700$ was salvaged and sold for $$2,90078\%$ and final answer $to0$ decimal places, $e.g.28,987.$longrightarrow