4 Campbell Corporation uses the retail method to value its inventory. The following information is avallable for the year 2018: Merchandise inventory, January 1, 2818 Purchases $27e,800 $288,ee0 629,800 984,800 16,888 4.71 Freight-in Net narkups points 28,889 4,889 88, eee Net sales eBook Hint Required PantDetermine the December 31, 2018, inventory by applying the conventional retail method. References Cost Retail Beginning inventory Plus. Purchases Freight-in Net markups Less Net markdowns Goods available for sale 0 Cost-to-retail percentage Less Net sales Estimated ending inventory at retail Estimated ending inventory at cost