Presented below is information related to Manama Company 6 points SaveAntwer Cest Retail Beginning inventory $670,000 $600,000 Purchases 1,550,000 2,960,000 Markups 135,000 Markup cancellations Markdowns Markdown 60,000 42,000 8,000 Required: cancellations Sales Sales return 3,110,000 130,000 Compute the ending inventory at retail and at cost by the conventional retail inventory method (Show year calculations) For the toolbar, press ALT+F10 (PC) or ALT+FN-F10 (Mac B T