Presented below is information related to Larkspur Inc. Cost Retail Inventory, 12/31/20 $251,100 $390,400 Purchases 906,368 1,447,600 Purchase returns 60,000 79,400 Purchase discounts 18,100 Gross sales revenue - 1,426,100 Sales returns 97,300 Markups Markup cancellations Markdowns Markdown cancellations 119,700 39,500 45,800 20,000 Freight-in 42,300 Employee discounts granted 8,200 Loss from breakage (normal) 4,100 Assuming that Larkspur Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2021. (Round ratios for computational purposes to O decimal places, e.g 78% and final answer to O decimal places, e.g. 28,987.) Ending inventory using the conventional retail inventory method $