Moving to another question will save this response Question 1 Presented below is information related to Manama Company Cost Beginning inventory $550.000 Purchases 2,100,000 Markups Markup cancellations Markdowns Markdown cancellations Sales Sales returns Retail $600.000 3,700,000 170,000 60,000 $2,000 15,000 4,500,000 550.000 Required: Compute the ending inventory at retail and at cost by the conventional retail inventory method (Show your calculations). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B IV & Paragraph Arial V 10pt DE AL IXO