Crane Inc. uses the retail inventory method to estimate ending inventory for its monthly financial statements. The following data

pertains to a single department for the month of October $2023.$

Inventory, October $1,2023$

At cost

$$52,400$

$78,300$

At retail

$78,300$

Purchases $($exclusive of freight and returns$)$

At cost

At retail

Freight$-$in

Purchase returns

At cost

At retail

Markups

Markup cancellations

Markdowns $($net$)$

Normal spoilage and breakage $($at retail$)$

Sales revenue

$277,584$

$427,600$

$16,500$

$16,500$

$5,600$

$8,000$

$9,100$

$2,100$

$3,600$

$10,000$

$386,700$

$($a$)$

Your answer is incorrect.

Calculate the ending inventory at October $31,2023,$ at retail prices.

Ending inventory