The Tally Billiard Supply Corporation provided the following data related to its inventory at the end of the current year:

What are Taily Corporation's ending inventory and cost of goods sold under the conventional retail method? Round percentages to two decimal places.

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Description Cost Retail $ 8 500 Beginn ng inventory $38,000 132,000 Purchases 153.200 Addit onal markups 13,000 Markup cancellations 3.000 Markdowns 14,800 Markdown cancella tions 2,700 Sa es 146,000