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Party Inc. uses the average cost retail inventory method. Expressed in millions of dollars, information about Party's 2018 inventory account is expressed in the table below: Cost Retail $ 40 85 1,160 2,170 Beginning inventory Purchases Freight-in Purchase returns Purchase discounts Abnormal Shortages Net markups Net markdowns Normal spoilage Net sales 30 45 20 115 10 20 255 140 70 1,900 What is the value of Party Ine's inventory at 12/31/2018? (5 points for the format of your calculation and 5 points for correct answer) Cosk etai