Shamrock Home Improvement Company installs replacement siding, windows, and louvered glass doors for single-family homes and condominium complexes. The company is in the process of preparing its annual financial statements for the fiscal year ended May 31, 2017. Jim Alcide, controller for Shamrock, has gathered the following data concerning inventory. At May 31, 2017, the balance in Shamrocks Raw Materials Inventory account was $420,240, and Allowance to Reduce Inventory to NRV had a credit balance of $27,400. Alcide summarized the relevant inventory cost and market data at May 31, 2017, in the schedule below. Alcide assigned Patricia Devereaux, an intern from a local college, the task of calculating the amount that should appear on Shamrocks May 31, 2017, financial statements for inventory under the LCNRV rule as applied to each item in inventory. Devereaux expressed concern over departing from the historical cost principle.

		Cost		Sales Price		Net Realizable Value
Aluminum siding		$72,100		$65,920		$57,680
Cedar shake siding		88,580		96,820		87,344
Louvered glass doors		115,360		191,992		173,349
Thermal windows		144,200		159,444		144,200
Total		$420,240		$514,176		$462,573

Determine the proper balance in Allowance to Reduce Inventory to NRV at May 31, 2017.