Presented below is information related to Ayayai Company.

		Cost		Retail
Beginning inventory		$179,932		$280,000
Purchases		1,363,000		2,128,000
Markups				94,400
Markup cancellations				13,800
Markdowns				32,300
Markdown cancellations				5,200
Sales revenue				2,162,000

Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)