Boyne Inc. had beginning inventory of $13,700 at cost and $27,400 at retail. Net purchases were $154,858 at cost and $178,600 at retail. Net markups were $10,100; net markdowns were $8,500; and sales revenue was $151,900. Compute ending inventory at cost using the conventional retail method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)