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

		At Cost		At Retail
Inventory, February 1, 2020		$74,245		$98,800
Markdowns				34,400
Markups				62,600
Markdown cancellations				20,800
Markup cancellations				9,300
Purchases		216,000		293,000
Sales revenue				330,000
Purchases returns and allowances		4,700		5,800
Sales returns and allowances				10,800

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

Ending inventory at cost

$