Best Price Retailers had sales of $497,100 in the month of January. Use the retail method to estimate the value of the inventory as of January 31 given the following financial information: (Round cost ratio to four decimal places)

Sticker Price Retailers
Financial Highlights
January 1 January 31
		Cost	Retail
Beginning Inventory		$229,276	$315,500
Net Purchases (January)		362,161	451,800
Total available for sale

a. $259,382.69

b. $208,270.16

c. $146,790.22

d. $307,510.33