Presented below is information related to Muharraq Company Cost $ 484,000 1,750,000 Beginning inventory PurchasesMarkups Markup cancellations MarkdownsMarkdown cancellationsSales Retail $ 500,000 3,450,000 160,000 65,000 49,000 10,000 3,320,000 140,000 Sales discount Required : Compute the ending inventory at retail and at cost by the conventional retail inventory method ( Show your calculations ) .

Moving to another question will save this response. Question 7 Presented below is information related to Muharraq Company Cost 5484,000 Beginning inventory Retail $500,000 Purchases 1,750,000 3,450,000 Markups 160.000 Markup cancellations 65,000 Markdowns 49,000 Markdown 10.000 cancellations Sales 3,320,000 140,000 Sales discount Required: Compute the ending inventory at retail and at cost by the conventional retail inventory method (Show your calculations), Question 7 of 12 6 points See Alp