Blue Spruce inc had beginning inventory of $22,000 at cost and $28,800 at retail. Net purchases were $157,256 at cost and $200,000 at retail. Net markups were $10,000, net markdowns were $6,000, and sales were $180,000. Calculate the ending inventory at cost using the retail method. (Round cost-to-retall rotio to 2 decimal ploces, es. 15.21% and the finol answer to 0 dedimol ploces, es. 5.275.) Ending inventory