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Benny's Bed Co. uses a periodic inventory system and the average cost retail method to estimate...

Benny's Bed Co. 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 September 2021.

Cost Retail
Beginning inventory $ 41,000 $ 61,000
Net purchases 180,000 275,000
Net markups 26,000
Net markdowns 11,500
Net sales 219,000


To the nearest thousand, estimated ending inventory is:

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