Moving to another questions will save this response Question 8 Presented below is information related to Muharraq Company. Cast Retall Beginning inventory 5484,000 $500,000 Purchases 1,750,000 3,450,000 Markups Markup cancellations Markdowns Markdown cancellations Sales Sales discount 160,000 65,000 49,000 10,000 3.320,000 140,000 Required: Compute the ending inventory at retail and at cost by the conventional retail inventory method (Show. yuur calculations)