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Marilee's Electronics uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following data

Marilee's Electronics uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following data is available from the company records for the month of June 2021:

Cost Retail
Beginning inventory $ 105,000 $ 140,000
Net purchases 335,000 550,000
Net markups 30,000
Net markdowns 45,000
Net sales 570,000

To the nearest thousand, estimated ending inventory is:

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