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Harvey's Junk Jewelry started business January 1, 2021, and uses the LIFO retail method to estimate ending inventory. Listed below is data accumulated for the

Harvey's Junk Jewelry started business January 1, 2021, and uses the LIFO retail method to estimate ending inventory. Listed below is data accumulated for the year ended December 31, 2021:

Cost Retail
Beginning inventory $ 16,300 $ 24,300
Purchases 50,300 84,500
Freight-in 3,800
Purchase returns 3,000 3,900
Net markups 5,200
Net markdowns 6,700
Net sales 71,900
Employee discounts 2,000

To the nearest thousand, the estimated ending inventory at cost is (round cost-to-retail ratio to whole percentage):

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