Compute the inventory by the conventional retail inventory method. E9-22 (L05) (Retail Inventory Method) The records of Ellen's Boutique report the following data for the month of April Sales revenue Sales returns Markups Markup cancellations $99,000 Purchases (at cost) 2000 Puchases (at sales price) 88,000 2,000 3,000 30,000 10,000 Purchase returns (at cost) 1,500 Purchase returns (at sales price) 9,300 Beginning inventory (at cost) 2,800 Beginning inventory (at sales price) 2.400 Markdowns Freight on purchases the convel ela