Trinkets Unlimited made total purchases of $250,000 in the most current year. It paid freight in of $3,000 on its purchases. Freight out (the cost to deliver the merchandise to its customers) totaled $7,000. Of the total purchases, Trinkets Unlimited returned $22,000 of the merchandise. Trinkets Unlimited took advantage of $2,000 of purchase discounts offered by its vendors. What was Trinkets Unlimited's cost of inventory?