Presented below is information related to Bridgeport Inc.

		Cost		Retail
Inventory, 12/31/20		$248,900		$394,300
Purchases		1,005,985		1,478,600
Purchase returns		60,700		80,300
Purchase discounts		18,300
Gross sales revenue				1,426,100
Sales returns				97,300
Markups				121,000
Markup cancellations				40,700
Markdowns				45,800
Markdown cancellations				20,000
Freight-in		41,500
Employee discounts granted				8,100
Loss from breakage (normal)				4,900

Assuming that Bridgeport Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2021. (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, e.g. 28,987.)

Ending inventory using the conventional retail inventory method

$