Marin Company lost most of its inventory in a fire in December just before the year-end physical inventory was taken. Corporate records disclose the following.

Inventory (beginning)		$ 79,200		Sales revenue		$413,300
Purchases		294,200		Sales returns		21,400
Purchase returns		27,800		Gross profit % based on net selling price		34	%

Merchandise with a selling price of $30,200 remained undamaged after the fire, and damaged merchandise has a net realizable value of $8,200. The company does not carry fire insurance on its inventory. Compute the amount of inventory fire loss. (Do not use the retail inventory method.)

Inventory fire loss

$

Presented below is information related to Ivanhoe Inc.

		Cost		Retail
Inventory, 12/31/20		$253,300		$394,400
Purchases		927,853		1,482,100
Purchase returns		59,900		79,400
Purchase discounts		18,300
Gross sales revenue				1,405,900
Sales returns				96,100
Markups				119,800
Markup cancellations				39,600
Markdowns				44,600
Markdown cancellations				19,700
Freight-in		42,200
Employee discounts granted				8,100
Loss from breakage (normal)				4,200

Assuming that Ivanhoe Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2021. (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, e.g. 28,987.)

Ending inventory using the conventional retail inventory method

$