The following data are available for Company A. Company A uses retail inventory method to determine ending inventory. Sales revenue is recorded net of employee discounts, which totaled $21,400 in the year. Beginning Inventory Purchases Purchase Returns Abnormal Spoilage Cost ($) 423,000 Retail ($) 616,800 806,000 1,150,000 83,000 129,000 28,000 47,000 Amount ($) Amount ($) Freight-in 11,000 Markdowns 46,000 Normal Spoilage 42,500 Markdown Cancellations 12,300 Sales Returns 69,000 Markups 102,000 Sales Revenue 963,000 Markup Cancellations 36,500 If Company A uses conventional retail inventory method, ending inventory is approximately: