Presented below is information related to Metlock Company.

		Cost		Retail
Beginning inventory		$307,645		$285,000
Purchases		1,397,000		2,106,000
Markups				95,200
Markup cancellations				15,700
Markdowns				33,500
Markdown cancellations				4,800
Sales revenue				2,240,000

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.)

Ending inventory using conventional retail inventory method

$enter the dollar amount of the ending inventory using conventional retail inventory method