Cost Crane Company uses the conventional retail inventory method to estimate its ending inventory. The following schedule is prepared for the current year: Retail Beginning inventory $ 30,000 $ 45,000 Purchases 175.000 240,000 Freight-in 2.500 Subtotals (1) ? (2) Net markups 8.500 Subtotals (3) ? Netmark.downs 10,000 Subtotals Normal damage 1,000 Sales revenue 205.000 Ending Inventory [5) Requirement: 1. Calculate the ending inventory at retaillie., amount (51) by filling out the five missing amounts (subtotals) as shown in the schedule. Show your answers in boxes (1)-(5) below. (7.5 points total) Answers (1)