Uncle Butch's Hunting Supply Shop reports the following information related to inventory:

..................................Cost...... Retail Beginning inventory $ 31,280.... $ 92,000 Purchases................ 63,580..... 195,000 Net markups ...............- ............15,000 Net markdowns........... - ............(23,000) Goods available for sale $ 94,860 $ 279,000 Sales .........................................(172,000) Ending inventory at retail........... $ 107,000

Calculate Uncle Butch's Hunting Supply Shop's ending inventory using the retail inventory method under the LIFO cost flow assumption.