KA K Northwest Fur Co. started 2013 with $ 47000 of merchandise inventory on hand. During 2013, $ 127000 in merchandise was purchased on account. Purchases were all made fo.b. shipping point. Northwest paid freight charges of $ 1400, Merchandise with an invoice amount of $ 3000 was returned for credit. Cost of goods sold for the year was $ 141000. Northwest uses a perpetual inventory system. What is the value of ending inventory