Cindy Lou Linens uses the conventional retail method to estimate its ending inventories. The company records sales net of employee discounts. The following partial data has been summarized for the year ended December 31, 2021: Cost $ 465, 460 1,412,000 Inventory, January 1 Purchases Net markups Net markdowns Normal spoilage Employee discounts Net sales Inventory, Dec. 31 Retail $ 736,000 2, 344,000 ??? 48,200 43,200 75,600 2,138,000 824,100 494,460 Required: Compute the net markups for Cindy Lou Linens during 2021. Net markups