The records of Sheffields Boutique report the following data for the month of April.

Sales revenue $98,700 Purchases (at cost) $45,500 Sales returns 2,000 Purchases (at sales price) 90,400 Markups 9,300 Purchase returns (at cost) 2,000 Markup cancellations 1,400 Purchase returns (at sales price) 3,100 Markdowns 9,500 Beginning inventory (at cost) 34,755 Markdown cancellations 2,800 Beginning inventory (at sales price) 46,300 Freight on purchases 2,400

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 $