As of January 1, 2025, Blossom Inc. adopted the retail method of accounting for its merchandise inventory. To prepare the store's financial statements at June 30, 2025, you obtain the following data. Inventory, January 1 Markdowns Markups Markdown cancellations Markup cancellations Purchases Sales revenue Purchase returns Sales returns and allowances (a) Cost $33,000 96,328 2,800 Selling Price $42,800 9,800 9,800 6,000 3,200 152,400 151,900 4,100 7,700 Prepare a schedule to compute Blossom's June 30, 2025, inventory at cost under the conventional retail method of accounting for inventories. Inventory at cost under the conventional retail method $

As of January 1,2025. Blossom inc. adopted the retall method of accounting for its merchandise inventory. To prepare the stores financia statements at June 30,2025 , you obtain the following data. (a) Prepare a schedule to compute Blossom's June 30, 2025, inventory at cost under the conventional retail method of accounting for inventories. Inventory at cost under the conventional retail method $