Question: Please help and show work!!!! Your answen incorrect. Try again. Presented below information related to Skysong Inc. Retail Cost Inventory, 12/31/17 $252,400 $388,200 Purchases 999,875

Please help and show work!!!! Your answen incorrect. Try again. Presented belowPlease help and show work!!!!

Your answen incorrect. Try again. Presented below information related to Skysong Inc. Retail Cost Inventory, 12/31/17 $252,400 $388,200 Purchases 999,875 1,483,400 Purchase returns 59,000 81,400 Purchase discounts 18,400 Gross sales revenue 1,389,200 Sales returns 98,700 Markups 121,400 Markup cancellations 40,100 Markdowns 44,600 Markdown cancellations 20,300 Freight-in 41,600 Employee discounts granted 8,200 Loss from breakage (normal) 4,200 Assuming that Skysong Inc. uses the conventional retail inventory method, compute the cost decimal places, e.g 78% and final answer to 0 decimal places, e.g. 28,987.) f its ending inventory at December 31, 2018. (Round ratios for computational purposes to 0 Ending inventory using the conventional retail inventory method 369915

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