When you undertook the preparation of the financial statements for Ivanhoe Company at January 31, 2021, the following data were available:

		At Cost		At Retail
Inventory, February 1, 2020		$74,660		$98,400
Markdowns				34,300
Markups				62,500
Markdown cancellations				19,200
Markup cancellations				10,500
Purchases		229,000		283,500
Sales revenue				315,000
Purchases returns and allowances		4,200		6,100
Sales returns and allowances				9,000

Compute the ending inventory at cost as of January 31, 2021, using the retail method which approximates lower of cost or market.

Ending inventory at cost

$