Determine the ending inventory under the conventional retail method for the furniture department of Crane Department Stores from the following data. (Round ratio of cost to selling price to 2 decimal places, e.g. 61.25 and final answer to 0 decimal places, e.g. 5,125.) Inventory, Jan. 1 Purchases Freight-in Markups, net Markdowns, net Sales revenue Cost Retail $149,800 $282,600 1,364,700 2,191,000 71,600 92,400 49,500 2,068,800 Ending inventory $ Click if you would like to Show Work for this question: Open Show Work