Exercise 9-19 Presented below is information related to Ricky Henderson Company. Cost Retail Beginning inventory $ 217,874 $ 287,700 Purchases 1,438,000 2,142,000 Markups 95,200 Markup cancellations 16,000 Markdowns 40,100 Markdown cancellations 5,700 Sales revenue 2,256,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method