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