Presented below is information related to Swifty Inc.

		Cost		Retail
Inventory, 12/31/20		$ 254,700		$ 397,600
Purchases		1,002,796		1,454,100
Purchase returns		59,600		80,100
Purchase discounts		17,900
Gross sales revenue				1,423,100
Sales returns				95,600
Markups				119,500
Markup cancellations				40,500
Markdowns				44,300
Markdown cancellations				20,200
Freight-in		41,400
Employee discounts granted				8,000
Loss from breakage (normal)				4,200

Assuming that Swifty Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2021. (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 the conventional retail inventory method

$