Presented below is information related to Waterway Company.

Cost	Retail
Beginning inventory	$380,418	$282,000
Purchases	1,353,000	2,150,000
Markups	96,700
Markup cancellations	16,500
Markdowns	33,200
Markdown cancellations	4,600
Sales revenue	2,206,000

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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