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