NANO s gross profit margin of 35%. Sales for the year was $90,000. Beginning balance was $31000 and NANO MADE $57500 PURCHASES DURING THE YEAR. For these purchases, NANO incurred $1400 transportation charges to bring in the items. At the end of year, NANO was given a discount of $4000 for the purchase it made during the year. Calculate NANO ending inventory at the end of the year