A fire wiped out Pichai Paper Company’s inventory. The insurance company will accept an estimate using the retail method. Last year’s balance sheet stated that the ending inventory was $15,000, and it would usually sell for $40,000. Mr. Pichai knows that the cost of purchases was $140,000, and the retail selling prices for the paper totalled $290,000. Credit card receipts indicate that there was $255,000 of sales since the beginning of the year. Calculate the cost of the lost ending inventory for the insurance company. Round the retail ratio to two decimal places and the final answer to the nearest dollar.