Question 11 View Policies Current Attempt in Progress The records of Swifty's Boutique report the following data for the month of April. Sales revenue Sales returns Purchases (at cost) 1,800 Purchases (at sales price) 10,300 Purchase returns (at cost) 1,500 Purchase returns (at sales price) Markdowns 8,700 Beginning inventory (at cost) Markdown cancellations 2,700 Beginning inventory (at sales price) Freight on purchases 2,100 $100,800 Markups Markup cancellations --/1 Ending inventory using conventional retail inventory method $ $49,000 86,500 1,800 2,700 31,880 42,700 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.)