Presented below is information related to Sarasota Inc.

		Cost		Retail
Inventory, 12/31/17		$245,700		$384,400
Purchases		818,428		1,450,600
Purchase returns		61,000		79,700
Purchase discounts		18,100
Gross sales revenue				1,411,200
Sales returns				97,900
Markups				118,900
Markup cancellations				40,400
Markdowns				44,800
Markdown cancellations				20,100
Freight-in		41,900
Employee discounts granted				8,100
Loss from breakage (normal)				4,600

Assuming that Sarasota 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 78% and final answer to 0 decimal places, e.g. 28,987.)