Tikkity Tock Clock Company sells three types of clocks. They purchase these clocks from manufacturers and sell them to retail stores. Tikkity Tock uses a perpetual inventory system, weighted average method. Tikkity Tock rents their building, but owns the merchandising furniture and equipment within the building $-$ for these depreciable assets, they use a sole accumulated depreciation account.

The balance sheet for Tikkity Tock Clock Company is seen below:

$\backslash$table$[[$Tikkity Tock Clock Company$],[$Balance Sheet$],[$October $31$st$,2021],[$Account$,$Balance$],[$Assets$],[$Cash$,239,558,],[$Accounts Receivable,$105,682,],[$Inventory$,97,476,],[$Office Supplies,$1,232,],[$Merchandising Furniture $+$ Equipment,$150,000,],[$Accumulated Depreciation,,$119,952],[$Total Assets,,$473,996],[$Liabilities$],[$Accounts Payable,,$108,979],[$Total Liabilities,,$108,979],[$Stockholders$\text{'}$ Equity$],[$Common Stock,,$300,000],[$Retained Earnings,,$65,017],[$Total Stockholders' Equity,,$365,017],[$Total Liabilities $+$ Stockholders' Equt,,$473,996]]$

Merchandise Inventory as of October $31$ st$,2021$ consists of the following clocks:

$\backslash$table$[[$Item$,$Quantity,Unit Cost,Total Cost$],[$Base Level Clock,$2,940,23\mathrm{.}21,68,237\mathrm{.}4$