Please solve each problem step by step and explain as to how you got the answer

Based on the following information (in scrambled order), compute the ending inventory at cost using the conventional retail method and (2) the cost retail method. You should round the cost-to-retail ratios to four decimal places, e.g. 0.345678-0.3457 or 34.57%. In your final answers, separately indicate (a) ending inventory at retail. (b) cost-to-retail ratio, and (c) ending inventory at cost. Summarize your answers on the bottom of page. At cost $ 21,400 At retail $ 43,000 800 7,500 1200 Inventory, Beginning Markup cancellations Markdowns Markdowns cancellations Freight-in Sales Purchases Normal damage Mark-ups 2,600 47.520 53,400 82,350 3,100 4,600 Answer: (You should also provide your work to support your answers) (a) Ending inventory Method at retail (b) Cost-to-retail ratio (c) Ending inventory at cost (1) Conventional retail (2) Cost retail