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Presented below is information related to XYZ, Inc. Cost S 425,000 1,900,000 81,000 Retail $750,000 3,350,000 15,000 Beginning inventory Purchases Freight on purchases Markups Markup cancellation Abnormal shortage Markdowns Markdown cancellations Employee discounts Sales revenue Sales retums Normal shortage Purchase returns 175,000 140,000 26,000 88,000 12.000 5,200 3,575,000 100,000 17,500 41,000 22,000 Instructions Computo ending inventory by the conventional retail inventory method, Round percentages to three decimal places (for example, round 0.4158 to 41.6%) For the toolbar, press ALT F10 (PC) or ALTFNF10 Mac AQS