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

		At Cost		At Retail
Inventory, February 1, 2020		$67,255		$98,700
Markdowns				35,500
Markups				62,100
Markdown cancellations				20,000
Markup cancellations				9,100
Purchases		214,500		280,500
Sales revenue				310,000
Purchases returns and allowances		4,400		5,500
Sales returns and allowances				10,400

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

$