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Presented below as information related to Manama Company Cost Benventory $550.000 Purchases 2.100.000 Markups Markup cancellations Markdown Markdown cancellations Sales Sales returns Retail 5600,000 3.700.000

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Presented below as information related to Manama Company Cost Benventory $550.000 Purchases 2.100.000 Markups Markup cancellations Markdown Markdown cancellations Sales Sales returns Retail 5600,000 3.700.000 170.000 60.000 $2,000 15.000 4,500,000 550.000 Required: Compute the ending inventory at retail and at cost by the conventional retail inventory method (Show your calculations)

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