Presented below is information related to Oriole Company.

Cost Retail

Beginning inventory $362,797 $286,000

Purchases 1,370,000 2,145,000

Markups 95,100

Markup cancellations 14,800

Markdowns 32,900

Markdown cancellations 5,100

Sales revenue 2,193,000

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 $____________