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ABC Corporation had the following amounts, all at retail: Beginning inventory $ 2800 Purchases $ 137000 Purchase returns 5200 Net markups 14000 Abnormal shortage 3200
ABC Corporation had the following amounts, all at retail:
| Beginning inventory | $ 2800 | Purchases | $ 137000 | |
| Purchase returns | 5200 | Net markups | 14000 | |
| Abnormal shortage | 3200 | Net markdowns | 2000 | |
| Sales revenue | 69000 | Sales returns | 1400 | |
| Employee discounts | 1200 | Normal shortage | 2200 |
What is ABC's ending inventory at retail?
|
| $72400. |
|
| $73600. |
|
| $74800. |
|
| $75600 |
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