Presented below is information related to Larkspur Company Cost Retail Beginning inventory Purchases $374,710 $283,000 1,393,000 2,165,000 93,800 16,500 Markups Markup cancellations Markdowns 37,300 Markdown cancellations 4,500 Sales revenue 2,181,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to decimal places, s. 78% and final answer to O decimal places, s. 28,987) Ending inventory using conventional retail inventory method $