Wildhorse Corporation began operations on January 1, 2017, with a beginning inventory of $30,532 at cost and $50,600 at retail. The following information relates to 2017.

		Retail
Net purchases ($108,200 at cost)		$149,600
Net markups		10,000
Net markdowns		4,900
Sales revenue		128,000

Assume instead that Wildhorse decides to adopt the dollar-value LIFO retail method. The appropriate price indexes are 100 at January 1 and 110 at December 31. Compute the ending inventory to be reported in the balance sheet. (Round ratios for computational purposes to 2 decimal places, e.g. 78.72% and final answer to 0 decimal places, e.g. 28,987.)

Ending inventory using the dollar-value LIFO retail method