(5 points) Sampson, Inc. uses the Retail Inventory Method to estimate ending inventory. Their beginning inventory at cost (retail) was $821,000 ($1,281,000), purchases were $6,305,000 ($12,405,000), purchase discounts were $164,000 ($287,000), and freight in was $74,000. They also reported net markups of $1,248,000, net markdowns of $1,716,000, and net sales of $11,141,000. What is ending inventory at cost if they use the conventional approach? (A 21) $890,911 $1,578,482 $859,865 $973,973