Blue Corporation began operations on January 1,2017,with a beginning inventory of $18,300 at cost and $51,000 at retail. The following information relates to 2017. Net purchases ($110,100 at cost) Net markups Net markdowns Salesevenue Retail $152,800 10,200 5,000 125,000 Assume Blue decided to adopt the conventional retail method. Compute the ending inventory to be reported in the balance sheet.(Round ratios for computational purposes to 1 decimal place, eg. 78.7% and final answer to 0 decimal places, eg. 28,987) Ending inventory using the conventional retail method$ Assume instead that Blue decides to adopt the dollar-value LIFO retail method. The appropriate price indexes are 100 at January 1 and 110 at December 31. Compute the ending inventory to be reported in the balance sheet. (Round ratios for computational purposes to 2 decimal places, e.g 78.72% and final answer to 0 decimal places, eg. 28,987.) Ending inventory using the dollar-value LIFO retail method On the basis of the information in part (b), compute cost of goods sold. (Round ratios for computational purposes to 2 decimal places, eg. 78.72% and final answer to O decimal places, eg. 28,987) Cost of goods sold using the dollar-value LIFO retail method $