The records of Riverbed's Boutique report the following data for the month of April.

Sales revenue$100,100

Purchases (at cost)$47,400

Sales returns1,900

Purchases (at sales price)95,300

Markups9,500

Purchase returns (at cost)1,900

Markup cancellations1,500

Purchase returns (at sales price)2,900

Markdowns9,800

Beginning inventory (at cost)37,344

Markdown cancellations2,800

Beginning inventory (at sales price)48,800

Freight on purchases2,200

Compute the ending inventory by the conventional retail inventory method. (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 using conventional retail inventory method?