Exercise 9-22 The records of Ivanhoe's Boutique report the following data for the month of April. Sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations 2,700 Beginning inventory (at sales price 43,700 Freight on purchases $45,500 87,900 1,900 2,900 34,889 $95,000 1,900 Purchases (at sales price) 9,700 1,300 Prchase returns (at sales price) Purchase returns (at cost) 10,200 Beginning inventory (at cost) 2,400 Compute the ending 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