Complete all seven steps using RIM and the following table:

Cost Retail

Opening Inventory $$36,684$ $$60,182$

Gross Purchases $$137,148$ $$278,517$

RTV $$2,430$ $$4,820$

Net additional Markup $$432$

Freight $$870$

Net Markdowns $$17,218$

Gross Sales $$268,943$

Customer Returns $$22,143$

Net Transfers Out $$368$ $$732$

Employee Discounts $$910$

Cash Discounts $$4,158$

Alteration $$768$

$*$Use Closing Book Inventory