Comprehensive The foliseing information for 2019 is malable for Marino cempany: 1. The beginning inventory a $93,000. 2. Purchases returns of $2,000 were made. 3. Purchases of 1281,000 were miade on tarma of 3/10, n/30. Eighty percont of the discounts were taken. 5. The company made saies of $640,000. The gross setling price per unit is twice the oet cost of each unit sold. 6. Soles allowances of $3,000 were made. 7. The company uses the LHO perlodic method and the gross method for purchase diceounts. Required: 1. Compune the cost of the ending inventery before the physical inventory is taken. Ignore Sales allewahces in pour computations