Larkspur Beachwear Inc. had beginning inventory of $30,400 at cost and $36,480 at retail. Net purchases were $159,600 at cost and $185,440 at retail. Net markups were $4,560, net markdowns were $13,680, and sales revenue was $174,800. Compute ending inventory at cost using the conventional retail method. (Round ratios for computational purposes to O decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 5,275.) Ending inventory using the conventional retail method $