Exercise 9-21 Presented below is information related to Metlock Company. Cost $148,740 1,359,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Retail $285,000 2,148,000 96,200 16,300 31,800 4,700 2,209,000 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 methods Click if you would like to Show Work for this question: Open Show Work