Exercise 9-20 Presented below is information related to Culver Company Cost 60,390 125,010 Retail Beginning inventory Purchases (net) Net markups Net markdowns Sales revenue $98,000 212,000 10,578 25,795 193,510 Compute the ending inventory at retail Ending inventory LINK TO TEXT Compute a cost-to-retail percentage under the following conditions. (Round ratios to 2 decimal places, e.g. 78.74%) Cost-to-retail percenta (1) Excluding both markups and markdowns (2) Excluding markups but including markdowns (3) Excluding markdowns but including markups (4) Including both markdowns and markups