The following information relates to CEE Company: (Refer to image). Assuming CEE Company used the conventional retail inventory method, what is the cost of its ending inventory at cost? Inventory, 12/31/2021 Purchases Purchase returns Purchase discounts Sales (after employee discounts) Cost Retail 500,000.00 725,000.00 1,285,000.00 2,220,000.00 20,000.00 35,000.00 30,000.00 2,450,000.00 Sales returns Sales allowances Mark-ups 125,000.00 70,000.00 160,000.00 Mark-up cancellations 70,000.00 Mark-down 65,000.00 Mark-down cancellations 32,000.00 Freight in 65,000.00 Employee discounts 15,000,00 Normal loss from breakage 10,000.00