On January 1, 2016, Sanderson Variety Store adopted the dollar-value LIFO retail inventory method. Accounting records provided the following information:

	Cost			Retail
Beginning inventory	$	57,600		$	72,000
Net purchases		224,640			290,000
Net markups					10,000
Net markdowns					12,000
Net sales					270,000
Retail price index, end of year					1.02

During 2017, purchases at cost and retail were $255,450 and $340,600, respectively. Net markups, net markdowns, and net sales for the year were $7,000, $8,000, and $300,000, respectively. The retail price index at the end of 2017 was 1.08.

Calculate the inventory value at the end of 2017 using the dollar-value LIFO retail method. (Round your intermediate calculations to the nearest whole dollar. Round ratio calculation to the nearest whole percent.)