Presented below is information related to Ivanhoe Company Cost Retail Beginning inventory $204,000 $284,000 Purchases 1.445,000 2.160,000 95,400 14,600 Markups Markup cancellations Markdowns Markdown cancellations 35,400 4,600 Sales 2.290,000 Calculate the inventory by the retail inventory method. (Round the cost-to-retail ratio to 2 decimal places, c-8.52.75% and final answer to O decimal places, e.g. 5,125.) Ending Inventory at retail $