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During 2020, Harmony Co. sold $530,000 of merchandise at marked retail prices. At the end of 2020, the following information was available from its

During 2020, Harmony Co. sold $530,000 of merchandise at marked retail prices. At the end of 2020, the following information was available from its records: Beginning inventory Net purchases At Cost At Retail $137,600 $266,800 241,240 403,600 Use the retail method to estimate Harmony's 2020 ending inventory at cost. (Round your intermediate and final answers to 2 decimal places.) Ending inventory

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