Bragg adopted the dollar-value LIFO retail inventory method on January 1, 2016. The following information for 2016 was taken from the company's records:

	Cost	Retail
Sales		$189,000
Net markups		6,000
Inventory, January 1, 2016	$ 21,000	30,000
Purchases	147,000	200,000
Net markdowns		10,700

The price index on January 1, 2016, was 100. On December 31, 2016, it was 110. Round cost/retail percentages to the nearest whole percent if necessary.

Required:

Compute the inventory value for December 31, 2016.