Oriole Company, which uses the retail LIFO method to determine inventory cost, has provided the following information for 2020: Retail Cost 273000 $411000 Inventory, 1/1/20 1044000 1596000 Net purchases 195000 Net markups 81000 Net markdowns 1500000 Net sales Assuming stable prices (no change in the price index during 2020), what is the cost of Oriole's inventory at December 31, 2020? (Hint: Round intermediate calculation to 2 decimal places, e.g. 0.63 and final answer to 0 decimal places.) 394800 $401100 $378810 $390600