Presented below is information related to Buffalo Company. Cost Retail Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue $292,298 $276,000 1,389,000 2,153,000 95,800 15,400 37,500 4,600 2,196,000 Compute the inventory by the conventional retail inventory method. Round ratios or computational purposes to O decimal places e 78% andfin answer to O decimal places, eg 28 987 Ending inventory using conventional retail inventory method