Disneyland uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $396000 ($600000), purchases during the current year at cost (retail) were $2175000 ($3420000), freight-in on these purchases totaled $135000, sales during the current year totaled $3120000, and net markups (markdowns) were $78000 ($114000). 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.

Answers: $659340. $570240. $594000. $864000