Barker Pet supply uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost and retail price were $796,800 and $980,700 respectively, purchases during the current year at cost and retail price were $3,205,800 and $4,158,300 respectively, freight-in on these purchases totaled $191,700, sales during the current year totaled $4,056,000, and net markups and markdowns were $6,000 and $288,900 respectively. Compute the ending inventory under conventional retail inventory method.