Bargain Company made total purchases of $285,000 in the most current year. It paid freight in of $1,500 on its purchases. Freight out, the cost to deliver the merchandise when it was sold to Bargain's customers, totaled $8,900. Of the total purchases Bargain made during the period, it returned $24,500 of the merchandise. Bargain took advantage of $2,700 of purchase discounts offered by its vendors. What was Bargain's cost of inventory? Bargain's cost of inventory is