Wildhorse Corporation began operations on January 1, 2020, with a beginning inventory of $33,720 at cost and $49,000 at retail. The following information relates to 2020.

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.)

		Retail
Net purchases ($108,400 at cost)		$150,200
Net markups		9,800
Net markdowns		5,000
Sales revenue		125,100