Problem 9-9 Presented below is information related to Whispering Inc. Retail $389,100 1,480,700 Cost Inventory, 12/31/17 Purchases Purchase returns Purchase discounts Gross sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations Freight-in Employee discounts granted Loss from breakage (normal) $249,200 1,019,914 60,700 18,300 79,200 1,407,300 98,500 118,100 40,800 44,700 20,000 42,700 7,900 4,900 Assuming that Whispering Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2018. (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, eg. 28,987.) Ending inventory using the conventional retail inventory method