Crane Co. uses the retail inventory method to estimate its inventory for interim statement purposes. Data relating to the computation of the inventory at July 31, 2025, are as follows: Inventory, 2/1/25 Purchases Markups, net Sales Estimated normal shoplifting losses Markdowns, net Cost Retail $410000 $485000 2050000 3187500 372500 3225000 41000 220000 Under the lower-of-cost-or-market method, Crane's estimated inventory at July 31, 2025 is (Round cost-to-retail ratio percentages to 1 decimal places, eg. 52.7% -0.527.)