Sheridan Inc. had beginning inventory of $13,200 at cost and $22,000 at retail. Net purchases were $133,000 at cost and $187,000 at retail. Net markups were $11,000, net markdowns were $7,700, and sales revenue was $161,700. Assume the price level increased from 100 at the beginning of the year to 115 at year-end. Compute ending inventory at cost using the dollar-value LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7\% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using the dollar-value LIFO retail method $