Clarabell Inc. uses the conventional retail method to estimate ending inventory. Cost data for the most recent quarter is shown below:

	Cost			Retail
Beginning inventory	$	125,000		$	204,000
Net purchases		428,000			729,000
Net markups					50,000
Net markdowns					22,000
Net sales					698,000

To the nearest thousand, estimated ending inventory using the conventional retail method is: (Do not round intermediate calculations.)

Multiple Choice

• $162,000.

• $178,000.

• $141,000.

• $148,000.