As of January 1, 2017, Riverbed Inc. adopted the retail method of accounting for its merchandise inventory. To prepare the stores financial statements at June 30, 2017, you obtain the following data.

		Cost			Selling Price
Inventory, January 1		$30,400			$43,700
Markdowns					11,600
Markups					8,300
Markdown cancellations					6,100
Markup cancellations					3,100
Purchases		114,490			157,700
Sales revenue					154,000
Purchase returns		3,000			3,900
Sales returns and allowances					8,500

Without prejudice to your solution to part (a), assume that you computed the June 30, 2017, inventory to be $56,160 at retail and the ratio of cost to retail to be 69.57%. The general price level has increased from 100 at January 1, 2017, to 108 at June 30, 2017. Compute the June 30, 2017, inventory at the June 30 price level under the dollar-value LIFO retail method. (Round ratios for computational purposes to 2 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)

Ending inventory at dollar-value LIFO cost

$