Presented below is information related to Bobby Engram Company.

		Cost		Retail
Beginning inventory		$ 63,300		$103,100
Purchases (net)		135,300		201,600
Net markups				24,200
Net markdowns				33,600
Sales revenue				195,300

Compute ending inventory at lower-of-cost-or-market. (Round ratio to 2 decimal places, e.g. 78.74% and final answer to 0 decimal places, e.g. 6,225.)