Compute ending inventory by the conventional retail inventory method. (Round percentages for computational purposes to 1 decimal place, e.g. 0.4158 to 41.6% and final answer to 0 decimal places, e.g. 5,275.)

Cost Retail Beginning inventory $467,500 $825,000 Purchases 2,090,000 3,685,000 Freight on purchases 89,100 Markups 192,500 Markup cancellations 154,000 Abnormal shortage 16,500 28,600 Markdowns 96,800 Markdown cancellations 13,200 Employee discounts 5,720 Sales revenue 3,932,500 Sales returns 110,000 Normal shortage 19,250 Purchase returns 24,200 45,100