The records for the Clothing Department of Ivanhoe Fine Clothing are summarized below for the month of May. Inventory, May 1: at cost $63,600; at retail $97,100 Purchases in May: at retail $106,600; at cost $64,878 Freight-in: $2,900 Purchase returns: at cost $2,500; at retail $3,100 Transfers out to a nearby branch: at retail $9,400; at cost $6,800 Net markups: $5,700 Net markdowns: $3,300 Inventory losses due to normal breakage, etc.: at retail $790 Sales at retail: $111,000 Sales returns: $4,000 Compute the inventory for this department as of May 31, at retail prices. Ending inventory at retail $ ta Compute the ending inventory using lower-of-average-cost-or-market. (Round ratios for computatio eg 78% and final answer to O decimal places, eg. 28,987.) Ending inventory at lower-of-average-cost-or-market $