Presented below is information related to Sandh Inc. Cost Retail Inventory, 12/31/17 Purchases Purchase returns Purchase discounts Gross sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations Freight-in Employee discounts granted Loss from breakage (normal) $246,200 951,116 60,000 18,300 $394,300 1,478,700 80,300 1,426,200 97,300 119,800 40,700 45,800 20,000 41,500 8,100 4,600 Assuming that Sandhill Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2018. (Round ratios for computational purposes to 0 decimal places, e.g 7890 and final answer to 0 decimal places, eg. 28,987.) Ending inventory using the conventional retail inventory method 170100