Question: Oriole Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at costretail) were $396500 15597000L purchases during

Oriole Inc. uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at costretail) were $396500 15597000L purchases during the current year at cost (retail) were $3468000052536001. Freight in on these purchases totaled $162500 sales during the current yeur totaled $4726000, and net markups were $417000. What is the ending inventory value at cost? Hint: Round intermediate calculation to 3 decimal places.ee 0635 and final answer to decimal places $527605 $1541600 $1095736 $991249

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