Marilee's Electronics uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following data is available from the company records for the month of June 2021: Cost Retail Beginning inventory $ 80,000 $ 130,000 Net purchases 261,000 500,000 Net markups 25,000 Net markdowns 35,000 Net sales 520,000 To the nearest thousand, estimated ending inventory is:

Cost				Retail
Beginning inventory	$	80,000			$	130,000
Net purchases		261,000				500,000
Net markups						25,000
Net markdowns						35,000
Net sales						520,000

To the nearest thousand, estimated ending inventory is: