Pharoah uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $394000 ($598000), purchases during the current year at cost (retail) were $2135000 ($3380000), freight-in on these purchases totaled $133000, sales during the current year totaled $3080000, and net markups (markdowns) were $76000 ($112000). What is the ending inventory value at cost? Hint: Round intermediate calculation to 3 decimal places, e.g. 0.635 and final answer to 0 decimal places. $589986. $862000. $566334. O $653715