You assemble the following information for Seneca Department Store, which computes its inventory under the dollar-value LIFO method. Compute the cost of the inventory on December 31, 2014, assuming that the inventory at retail is $303,400 and $357,372. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answers to 0 decimal places, e.g. 28,987.)