On January 1, 2021, Sanderson Variety Store adopted the dollar-value LIFO retail inventory method. Accounting records provided the following information:

	Cost			Retail
Beginning inventory	$	43,800		$	73,000
Net purchases		169,940			295,000
Net markups					5,000
Net markdowns					7,000
Net sales					272,000
Retail price index, end of year					1.04

During 2022, purchases at cost and retail were $191,675 and $348,500, respectively. Net markups, net markdowns, and net sales for the year were $8,000, $9,000, and $305,000, respectively. The retail price index at the end of 2022 was 1.05. Estimate ending inventory in 2022 using the dollar-value LIFO retail method. (Round your intermediate calculations to the nearest whole dollar. Round ratio calculation to the nearest whole percent.)