Blue Inc. had beginning inventory of $11,800 at cost and $21,100 at retail. Net purchases were...

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Blue Inc. had beginning inventory of $11,800 at cost and $21,100 at retail. Net purchases were $131,580 at cost and $183,400 at retail. Net markups were $9,500, net markdowns were $6,900, and sales revenue was $138,600. Compute ending inventory at cost using the conventional retail method. Ending inventory using the conventional retail method $ Blue Inc. had beginning inventory of $11,800 at cost and $21,100 at retail. Net purchases were $131,580 at cost and $183,400 at retail. Net markups were $9,500, net markdowns were $6,900, and sales revenue was $138,600. Compute ending inventory at cost using the conventional retail method. Ending inventory using the conventional retail method $