Windsor Beachwear Inc. had beginning inventory of $37,600 at cost and $45,120 at retail. Net purchases were $197,400 at cost and $229,360 at retail. Net markups were $5,640, net markdowns were $16,920, and sales revenue was $216,200. Compute ending inventory at cost using the conventional retail method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 5,275.)