E9-20B (LO5) (Retail Inventory Method) The records of Thome's Boutique report the following data for the month of April $204,000 Purchases (at cost) Purchases (at sales price) Purchase returns (at cost) Purchase returns (at sales price) Beginning inventory (at cost) Beginning inventory (at sales price) $96,000 176,000 4,000 6,000 60,000 Sales revenue Sales returns 4,000 Additional markups 20,000 3,000 Markup cancellations Markdowns 18,600 Markdown cancellations 5,600 93,000 Freight on purchase:s 2,000 Instructions Compute the ending inventory by the conventional retail inventory method