Presented below is information related to Flounder Inc. Inventory, 12/31/25 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) Cost $253,500 $390,700 1,009,210 1,468,300 79,500 59,300 18,100 Retail 41,300 1,434,100 99,100 118,600 39,600 44,200 20,400 8,000 4,700 Assuming that Flounder Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31,

Presented below is information related to Flounder Inc. Assuming that Flounder inc uses the comventional retail imventory method, compute the cost of its ending inventory at December 31. Assuming that Flounder inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31 , 2026. Ending inventory using the conventional retail inventory method