Raleigh Department Store converted from the conventional retail method to the LIFO retail method on January 1, 2014, and is now considering converting to the dollar-value LIFO retail inventory method. Management requested, during your examination of the financial statements for the year ended December 31, 2016, that you furnish a summary showing certain computations of inventory costs for the past three years. Available information follows:

a.	The inventory at January 1, 2014, had a retail value of $29,000 and a cost of $21,000 based on the conventional retail method.
b.	Transactions during 2014 were as follows:

	Cost			Retail
Gross purchases	$	342,000		$	582,500
Purchase returns		4,500			6,000
Purchase discounts		5,000
Gross sales					582,500
Sales returns					5,000
Employee discounts					3,000
Freight-in		20,000
Net markups					17,000
Net markdowns					6,000

	Sales to employees are recorded net of discounts.
c.	The retail value of the December 31, 2015, inventory was $40,040, the cost-to-retail percentage for 2015 under the LIFO retail method was 71%, and the appropriate price index was 104% of the January 1, 2015, price level.
d.	The retail value of the December 31, 2016, inventory was $37,450, the cost-to-retail percentage for 2016 under the LIFO retail method was 70%, and the appropriate price index was 107% of the January 1, 2015, price level. 1. Calculate the cost of inventory for December 31, 2015 and 2016, based on the dollar-value LIFO retail method. I need help figuring out total ending inventory at dollar value LIFO retail cost, 2015.