At the beginning of the year, Bridgeport Shipping Ltd., a company that has a perpetual inventory system, had $ 47,300 of inventory. During the year, inventory costing $ 189,200 was purchased. Of this, $ 22,300 was returned to the supplier and a 5% discount was taken on the remainder. Freight costs incurred by the company for inventory purchases amounted to $ 2,310. The cost of goods sold during the year was $ 187,600.

The balance in the inventory account is $.....