Presented below is information related to Blossom Inc. Cost Retail Inventory, 12/31/17 Purchases Purchase returns Purchase discounts Gross sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations Freight-in Employee discounts granted Loss from breakage (normal) $252,400 999,875 59,000 18,400 $388,200 1,483,400 81,400 1,389,200 98,700 121,400 40,100 44,600 20,300 41,600 8,200 4,200 Assuming that Blossom Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2018. (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, eg. 28,987.) Ending inventory using the conventional retail inventory method 362,018