Cullumber uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $402000 ($606000), purchases during the current year at cost (retail) were $2295000 ($3540000), freight-in on these purchases totaled $141000, sales during the current year totaled $3240000, and net markups (markdowns) were $84000 ($120000). What is the ending inventory value at cost? Hint: Round intermediate calculation to 3 decimal places, e.g. 0.635 and final answer to 0 decimal places. $607926. $870000. O $678381. O $583770