Sebastian Company started the year with $100,000 in beginning inventory of Thingamabobs. During the year Sebastian Company purchased $500,000 in Thingamabobs on account with credit terms 2/10, n/30. All discounts were taken. Sebastian paid freight-in charges of $10,000. Thingamabobs with an invoice amount of $5,000 were returned for credit. Cost of Goods Sold for the year was $400,000. What is ending inventory?