Gran d Department Store Ltd uses the retail inventory method to estimate ending inventory for its monthly financial statements. The following data pertain to a single department for the month of October 2013 Inventory, October 1, 2013 s 20,000 30,000 At cost At retail Purchases (exclusive of freight and returns) 100,151 146,495 5,100 At cost At retail Freight-in Purchase retuns 2,100 2.800 2,500 265 800 4,500 135,730 At cost At retail Additional markups Markup cancellations Markdowns (net) Normal spoilage and breakage Sales Required (1) sing the conventional retail method, determine the inventory that approximates average cost, lower of cost or market for October 31, 2013. (Omit the "S sign in your response.) Ending inventory at cost Ending inventory at retail Lower of cost or market 34464 34900