The records of Cullumber Stores provided the following data for the year: Other data are: Freight-in, \$14,000; net markups, $8,000; net markdowns, $6,500; and the price index for the year is 109. Determine the approximate valuation of the final inventory by the dollar-value, LIFO-retail method. (Round ratio to 2 decimal places, e.g. 0.75 and final answer to 0 decimal places, e.g. 5,275.)