Presented below is information related to Crane Inc.

		Cost		Retail
Inventory, 12/31/20		$246,800		$384,500
Purchases		974,100		1,445,200
Purchase returns		59,000		81,500
Purchase discounts		17,800
Gross sales revenue				1,426,700
Sales returns				98,600
Markups				118,000
Markup cancellations				40,200
Markdowns				45,400
Markdown cancellations				20,000
Freight-in		42,800
Employee discounts granted				7,800
Loss from breakage (normal)				4,600

Assuming that Crane 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

$