Cost Retail Inventory Method Unde Butch's Hunting Supply Shop reports the following information related to inventory: Retail Beginning inventory $35,000 $92.000 Purchases 75,000 200,000 Net additional markups 15,000 Net markdowns (22,000) Goods available for sale $110,000 $285,000 Sales (178,000) Ending inventory at retail $107.000 Calculate Unde Butch's Hunting Supply Shop's ending Inventory using the retail inventory method under the lower of average cost or market assumption Round the cost torta ratio to 3 decimal places