Presented below is information related to Concord Company. Cost Retail Beginning inventory $224,728 $281,000 Purchases 1,385,000 2,156,000 Markups 93,800 Markup cancellations 15,600 Markdowns 37,900 Markdown cancellations 4,500 Sales revenue 2,192,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method $ 176355