Presented below is information related to Pharoah Inc. Cost Retail Inventory, 12/31/25 Purchases Purchase returns Purchase discounts $162,300 $239,000 736,100 1,146,000 47,700 67,800 11,900 Gross sales (before employee discounts) 1,251,000 Sales returns Markups 47,200 63,500 Markup cancellations Markdowns 15,600 93,000 Markdown cancellations 23,000 Freight-in 42,300 Employee discounts granted 11.200 Loss from breakage (normal) 8,700 Assuming that Pharoah Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2026, (Round ratios for computational purposes to 0 decimal places, eg 78% and final answer to O decimal places, eg. 28,987.) Ending inventory using the conventional retail inventory method $ 64.54