i have already posted this and it was answered incorrectly. please help answer this correctly with work shown so i can understand thank you!

Required information Problem 9-9 (Algo) Retail method-average cost and conventional (LO9-3, 9-4) (The following information applies to the questions displayed below.) SmithKline Company maintains inventory records at selling prices as well as at cost. For 2021, the records indicate the following data: (5 in 888s) Cost Retail Beginning inventory $ 83 $ 128 Purchases 674 1,009 Freight-in on purchases Purchase returns Net markups Net markdowns 33 1 2 4 8 919 Net sales oblem 9-9 (Algo) Part 1 Required: 1. Use the retail method to approximate cost of ending inventory valued under Average cost method. (Enter your answer in thousands including 2 decimal places, I.e. 12,550 would be 12.55.) Ending inventory (5 in 00s) $ 38.49 Average cost 2. Use the retail method to approximate cost of ending inventory valued under Conventional method (Enter your answer in thousands including 2 decimal places, i.e. 12,550 would be 12.55) Ending inventory (s in 000s) Conventional