Presented below is information related to Ricky Henderson Company.

		Cost		Retail
Beginning inventory		$ 278,453		$ 287,300
Purchases		1,456,000		2,148,000
Markups				96,000
Markup cancellations				17,600
Markdowns				43,500
Markdown cancellations				6,100
Sales revenue				2,349,000

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

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