Northwest Fur Co. started 2013 with $ 47000 of merchandise inventory on hand. During 2013, $ 196000 in merchandise was purchased on account. Purchases were all made f.o.b. shipping point. Northwest paid freight charges of $ 3400. Merchandise with an invoice amount of $ 3200 was returned for credit. Cost of goods sold for the year was $ 102000. Northwest uses a perpetual inventory system What is the value of ending inventory