Need Help to answer ....Ending inventory using conventional retail inventory method $ and don't forget to Compute the ending inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)

The records of Ellens Boutique report the following data for the month of April.

Sales revenue		$94,200		Purchases (at cost)		$68,400
Sales returns		4,400		Purchases (at sales price)		92,600
Markups		12,700		Purchase returns (at cost)		4,400
Markup cancellations		1,700		Purchase returns (at sales price)		5,700
Markdowns		9,100		Beginning inventory (at cost)		24,813
Markdown cancellations		5,100		Beginning inventory (at sales price)		55,400
Freight on purchases		4,700

Compute the ending inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)

Ending inventory using conventional retail inventory method

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