Current Attempt in Progress

Coronado Inc. had beginning inventory of $$12,700$ at cost and $$20,900$ at retail. Net purchases were $$113,930$ at cost and $$158,500$ at retail. Net markups were $$9,600,$ net markdowns were $$7,400,$ and sales revenue was $$151,100.$ Compute ending inventory at cost using the conventional retail method.

Ending inventory using the conventional retail method $

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