Savings Company made total purchases of $295,000 in the most curtent year. It paid freight in of $2,000 on its purchases. Freight out, the cost to deliver the merchandise when it was sold to Savings's customers, totaled $8,900. Of the total purchases Savings made during the period, it returned $25,000 of the merchandise. Savings took advantage of $2,600 of purchase discounts offered by its vendors. What was Savings's cost of inventory