Current Attempt in Progress Presented below is information related to Larkspur Inc. Cost Retail Inventory, 12/31/20 $247,100 $390,000 Purchases 930,823 1,484,000 Purchase returns 59,000 78,500 Purchase discounts 18,400 Gross sales revenue Sales returns - 1,410,500 98,700 Markups 118,400 Markup cancellations 39,600 Markdowns 45,300 Markdown cancellations 20,000 Freight-in 42,800 Employee discounts granted 7,900 Loss from breakage (normal) 5,000 Assuming that Larkspur Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2021. (Round ratios for computational purposes to O decimal places, e.g 78% and final answer to O decimal places, e.g. 28,987.) Ending inventory using the conventional retail inventory method LA $