Determine the ending inventory under the conventional retail method for the furniture department of Bonita Department Stores from the following data. (Round ratio of cost to selling price to 2 decimal places, e.g. 15.25% and final answer to 0 decimal places, e.g. 5,125.)

		Cost		Retail
Inventory, Jan. 1		$154,200		$291,700
Purchases		1,361,600		2,249,100
Freight-in		69,200
Markups, net				92,000
Markdowns, net				48,600
Sales revenue				2,251,400

Ending inventory

$