The records for the Clothing Department of Bridgeport's Discount Store are summarized below for the month of January. Inventory, January 1: at retail $25,400; at cost $17,000 Purchases in January: at retail $134,600; at cost $88,426 Freight-in: $6,900 Purchase returns: at retail $2,900; at cost $2,300 Transfers in from suburban branch: at retail $12,800; at cost $9,100 Net markups: $7,900 Net markdowns: $3,900 Inventory losses due to normal breakage, etc.: at retail $300 Sales revenue at retail: $95,700 Sales returns: $2,400 Compute the inventory for this department as of January 31, at retail prices. Ending inventory at retail Compute the ending inventory using lower-of-average-cost-or-market. (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory at lower-of-average-cost-or-market + Click if you would like to Show Work for this question: Open Show Work