Determine the ending inventory under the conventional retail method for the furniture department of Pharoah 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		$155,400		$282,800
Purchases		1,375,500		2,128,300
Freight-in		70,200
Markups, net				89,700
Markdowns, net				46,300
Sales revenue				2,223,200