Window Inc. uses the retail inventory method to estimate ending inventory for its monthly financial statements. The following data pertains to a single department for the month of August 2018.

Inventory, August 1, 2018

At cost $90200

At retail 137,300

Purchases (exclusives of freight and returns)

At cost 190,925

At retail 259800

Freight-in 22,200

Purchase returns

At cost 9,700

At retail 11,700

Markups 9,000

Markup cancellations 2,900

Markdowns(net) 16,400

Normal spoilage and breakage 6,100

Sales 311,000

A) Using the conventional retail method, compute estimated lower-of-cost-or-market inventory for August 31,2018.Round ratios for computational purposes to 0 decimal places. e.g 78% and final answer to 0 decimal places, e.g. 28,987

Ending inventory at lower-of-cost-or-market $____________________________