Determine the ending inventory under the conventional retail method for the furniture department of Bramble Department Stores from the following data. (Round ratio of cost to selling price to 2 decimal places, e.g. 15.25% and final answer to 0 decimal places, e.g. 5,125.)

		Cost		Retail
Inventory, Jan. 1		$154,800		$272,600
Purchases		1,360,000		2,187,600
Freight-in		70,000
Markups, net				93,200
Markdowns, net				46,600
Sales revenue				2,225,200

Ending inventory

$