On January 1, 2018, Sanderson Variety Store adopted the dollar-value LIFO retail inventory method. Accounting records provided the following information:

	Cost			Retail
Beginning inventory	$	53,250		$	71,000
Net purchases		206,590			285,000
Net markups					9,000
Net markdowns					11,000
Net sales					268,000
Retail price index, end of year					1.04

During 2019, purchases at cost and retail were $233,135 and $333,050, respectively. Net markups, net markdowns, and net sales for the year were $6,000, $7,000, and $295,000, respectively. The retail price index at the end of 2019 was 1.07. Estimate ending inventory in 2019 using the dollar-value LIFO retail method.

Ending inventory=