Zimma, Inc. uses the LIFO retail inventory method for costing inventory. It has beginning inventory at a cost of $ 23,000 and at a cost- to- retail ratio of 58%. During the year, Zimma purchased goods with a cost basis of $ 78,400 and a retail value of $ 132,881. It had net markups of $ 2,400 and net markdowns of $ 8,900. Zimma has net sales of $ 124,000. What is Zimma’s ending inventory using the LIFO retail method? Round percentages to two decimal places.