Presented below is information related to Larkspur Inc. Inventory 12/31/20 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 Retail $253,300 $394,400 927853 1.482,100 59,900 79,400 18,300 1,405900 96.100 119.800 39.600 44,600 19,700 42,200 8,100 4,200 " December 31, 2021. Round ratios for Assuming that Larkspur Inc. uses the conventional retail inventory method computational purposes to decimal places.es 78% and final answer Ending inventory using the conventional retail inventary method