Markdowns $146,000 sical inventory $1,287,000 early net sales $2,875,000 Additions Retail $ Reductions Retail $ Purchases $495,000 Net sales $442 000 Returns to vendors $4,000 Markdowns $146,000 Employee Disc. $1,000 Transfers To $8,000 Totals Opening Book Inventory $1,404,000 + Additions -Reductions + -Closing book inventory Closing book inventory Physical inventory Shortage/Overage $ $0 $1,287,000 Overage $ Net sales $ Overage % $0 $2,875,000