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he records of Larkspur's Boutique report the following data for the month of April. Sales revenue$98,700Purchases (at cost)$45,500Sales returns2,000Purchases (at sales price)90,400Markups9,300Purchase returns (at cost)2,000Markup

he records of Larkspur's Boutique report the following data for the month of April.

Sales revenue$98,700Purchases (at cost)$45,500Sales returns2,000Purchases (at sales price)90,400Markups9,300Purchase returns (at cost)2,000Markup cancellations1,400Purchase returns (at sales price)3,100Markdowns9,500Beginning inventory (at cost)34,755Markdown cancellations2,800Beginning inventory (at sales price)46,300Freight on purchases2,400

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$

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