Based on the following information (in scrambled order),compute the ending inventory at cost using (1) the conventional retail method and (2) the cost retail method. You should round the cost-to-retail ratios to four decimal places, e.g. 0.345678-0.3457 or 34.57%. In your final answer, separately indicate (a) ending invetory at retail, (b) cost-to-retail ratio, and (c) ending invetory at cost. Summarize your answers on the bottom of page. Atcost $10,600 37,560 Inventory, Beginning Mark-ups Purchases Markdowns cancellations Markup cancellations Freight-in Sales Normal damage Markdowns At retail $14.000 5,600 80,000 1200 800 1,000 64,600 6,300 7,400 Answer: (You must provide your work to support your answers) Method (a) Ending inventory at retail (b) Cost-to-retail ratio (c) Ending inventory at cost (1) Conventional retail (2) Cost retail