Presented below is information related to Cullumber Company. Cost Retail Beginning inventory $362,797 $286,000 1,370,000 2,145,000 Purchases Markups 95,100 Markup cancellations 14,800 Markdowns 32,900 Markdown cancellations 5,100 2,193,000 Sales revenue 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 O decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method $