During 2023, Harmony Co. sold $519,000 of merchandise at marked retail prices. At the end of 2023, the following information was available from its records: Beginning inventory Net purchases At Cost At Retail $255,800 392,600 Inventory at cost $126,600 230,240 Assume that in addition to estimating its ending inventory by the retail method, Harmony Co. also took a physical inventory at the marked selling prices of the inventory items at the end of 2023. Assume further that the total of this physical inventory at marked selling prices was $109,100. a. Determine the amount of this inventory at cost. (Round your intermediate calculations and final answer to 2 decimal places.)

During 2023. Harmony Co. sold $519,000 of merchandise at marked retail prices. At the end of 2023 , the following information was available from its records: Assume that in addition to estimating its ending inventory by the retail method, Harmony Co. also took a physical inventory at the marked selling prices of the inventory items at the end of 2023. Assume further that the total of this physical inventory at marked selling prices was $109,100 o. Determine the amount of this inventory at cost. (Round your intermediate colculations and final answer to 2 decimol ploces.)