Blossom Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) was $380500($581000), purchases during the current year at cost (retail) were $3148000($4933600), freight-in totaled $146500, sales during the current year totaled $4406000, and net markups were $401000. What is the company's ending inventory value at cost? (Round cost-to-retail ratio percentoges to 1 decimal places, e.8. 52.7\% =0.527. ) $937462$779417$1028438$1509600