Concord Inc. had beginning inventory of $$23,000$ at cost and $$29,100$ at retail. Net purchases were $$158,478$ at cost and $$213,000$ at

retail. Net markups were $$11,500,$ net markdowns were $$5,000,$ and sales were $$175,000.$

Calculate the ending inventory at cost using the retail method. $($Round cost$-$to$-$retail ratio to $2$ decimal places, e$.$g$.15\mathrm{.}21\%$ and the final

answer to $0$ decimal places, e$.$g$.5,275.)$