Cost	Retail
Inventory 12/31/17	$251,100	$390,400
Purchases	906,368	1,447,600
Purchase Returns	60,000	79,400
Purchase Discounts	18,100	-
Gross Sale Revenue	-	1,426.100
Sales Returns	-	97,300
Markups	-	119,700
Markup Cancellarions	-	39,500
Markdowns	-	45,800
Markdown cancellation	-	20,000

Freight in	42,300	-
Employee Discounts granted	-	8,200
Loss from breakage	-	4,100

Assuming that Crane Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2018. (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, e.g. 28,987.)

Ending inventory using the conventional retail inventory method