In 2020, the BowWow Company purchased 18,635 units from its supplier at a cost of $12.93 per unit. BowWow sold 13,984 units of its product in 2020 at a price of $23.61 per unit. BowWow began 2020 with $987,726 in inventory (inventory is carried at a cost of $12.93 per unit). Using this information, compute BowWow's 2020 ending inventory balance (in dollars).