Presented below is information related to Ricky Henderson Company.

		Cost		Retail
Beginning inventory		$ 282,140		$ 291,600
Purchases		1,425,000		2,144,000
Markups				92,300
Markup cancellations				17,400
Markdowns				37,900
Markdown cancellations				6,100
Sales revenue				2,346,000

Compute the inventory by the conventional retail inventory method