Presented below is information related to Novak Inc. Cost Retail Inventory, 12/31/25 $253,500 $390,700 Purchases 1,009,210 1,468,300 Purchase returns 59,300 79,500 Purchase discounts 18,100 Gross sales revenue 1,434,100 Sales returns 99,100 Markups 118,600 Markup cancellations 39,600 Markdowns Markdown cancellations 44,200 20,400 Freight-in 41,300 Employee discounts granted 8,000 Loss from breakage (normal) 4,700 Assuming that Novak Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2026. Ending inventory using the conventional retail inventory method $