Question 11 --/1 View Policies Current Attempt in Progress The records of Swifty's Boutique report the following data for the month of April. Sales revenue $100,800 Purchases (at cost) $49,000 Sales returns 1,800 Purchases (at sales price) 86,500 Markups 10,300 Purchase returns (at cost) 1,800 Markup cancellations 2,700 1,500 8,700 Purchase returns (at sales price) Beginning inventory (at cost) Markdowns 31,880 Markdown cancellations 2,700 Beginning inventory (at sales price) 42,700 Freight on purchases 2,100 Compute the ending inventory by the conventional retail inventory method. (Round ratios for computational purposes to O decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory methods