1 Presented below is information related to Manama Company. Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales Sales returns Cost Retail $380,000 $400,000 1,850,000 3,200,000 150,000 Required: Compute the ending inventory at retail and at cost by the conventional retail inventory method (Show your calculations). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt 2 Ix 40,000 49,000 9.000 3,300,000 150,000