The records for the Clothing Department of Bridgeports Discount Store are summarized below for the month of January.

Inventory, January 1: at retail $24,700; at cost $17,000

Purchases in January: at retail $134,900; at cost $89,932

Freight-in: $9,100

Purchase returns: at retail $3,000; at cost $2,300

Transfers in from suburban branch: at retail $12,900; at cost $6,900

Net markups: $7,900

Net markdowns: $4,000

Inventory losses due to normal breakage, etc.: at retail $500

Sales revenue at retail: $94,600

Sales returns: $2,400

Compute the ending inventory using lower-of-average-cost-or-market.

Ending inventory at lower-of-average-cost-or-market $