Stollen Company reported the following data for 2016: Cost of Beginning Inventory: $ 100,000 Invoice Cost of merchandise purchases: 2,200,000 Purchase Returns and Allowances: 100,000 Purchase Discounts received: 40,000 Cost of Transportation in: 60,000 Cost of merchandise sold to customers in sales transactions: $1,320,000 Determine Stollen Company's Balance of Ending Inventory.