Smith-Kline Company maintains inventory records at selling prices as well as at cost. For 2021, the records indicate the following data:

($ in 000s)CostRetailBeginning inventory$79$124Purchases6701,005Freight-in on purchases29Purchase returns23Net markups3Net markdowns7Net sales915

2.Use the retail method to approximate cost of ending inventory valued under Conventional method.(Enter your answer in thousands including 2decimal places, i.e. 12,550 would be 12.55)

Ending inventory ($ in 000s)

Conventional__________________________