Question: Current Attempt in Progress Presented below is information related to Splish Brothers, Inc. Cost $374,000 1.672,000 71.280 Retail $660,000 2.948,000 13,200 Beginning inventory Purchases Freight

 Current Attempt in Progress Presented below is information related to Splish

Current Attempt in Progress Presented below is information related to Splish Brothers, Inc. Cost $374,000 1.672,000 71.280 Retail $660,000 2.948,000 13,200 Beginning inventory Purchases Freight on purchases Markups Markup cancellations Abnormal shortage Markdowns Markdown cancellations Employee discounts Sales revenue Sales returns Normal shortage Purchase returns 154,000 123,200 22,880 77.440 10.560 4,576 3,146,000 88,000 15,400 36,080 19,360 Compute ending inventory by the conventional retail inventory method. (Round percentages for computational purposes to 1 decimal place, es, 0.4158 to 41.6% and final answer to o decimal places, e.. 5.275.) Ending inventory

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