Exercise 9-22 The records of Flint's Boutique report the following data for the month of April. Sales revenue Sales returns Markups Markup cancellations work $103,700 2,100 9,600 1,600 8,700 Markdown cancel ations3,000 2,400 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) 50,700 95,600 2,100 3,200 26,376 48,400 y Study Markdowns Freight on purchases Compute the ending inventory by the conventional retail inventory method. (Round ratios for computational purposes to O decimal places, eg 78% and final answer to O decimal places,e.g. 28,987 Ending inventory using conventional retail inventory method Click if you would like to Show Work for this question: Open Show Work