Required information LeMay Department Store uses the retail inventory method to estimate ending inventory for its monthly financial statements. The following data pertain to one of its largest departments for the month of March 2021 Cont Retail Beginning inventory 52.000 572,000 Turchase 219,000 412.000 Tealight-in 19.470 Purchase returns 5,500 0,000 7,000 Het markdowns 4.700 normal breakage 8.000 292.000 Teployee discount 3.000 Sales are recorded net of employee discounts