View Policies Current Attempt in Progress Whispering Winds Inc. had beginning inventory of $23,600 st cost and $30,300 at retail. Net purchases were $159,000 at cost and $207000 at retail Net markups were $11600, net markdowns were 56,600, and sales were $189,000, Calculate the ending inventory at cost using the retail method. (Round Intermediate calculation to 2 decimal places, eg. 15.21% and the final answer to decimal places, s. 5.275) Endirig inventory $ Martinez Corporation's retail store and warehouse closed for an entire weekend while the year-end inventory was counted. When the count was finished, the controller gathered all the count books and information from the clerical staff, completed the ending Inventory calculations, and prepared the following partial income statement for the general manager for Monday morning Sales $ 2,752,000 Beginning inventory 641.000 Purchases 1.550,000 Total goods available for sale 2.191.000 Less ending Inventory 641.000 Cost of goods sold 1.550.000 Gross pront $ 1.202.000 The general manager called the controller into her once after quickly reviewing the preliminary statements. "You've made an error in the inventory. she stated "My pricing all year has been carefully controlled to provide a gross profit of 35%, and I know the sales are correct (0) How much should the ending inventory have been? Expected ending inventory