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Presented below is information related to Oriole Inc. Cost $253,500 1,009,210 59,300 18,100 Retail $390,700 1,468,300 79,500 Inventory, 12/31/20 Purchases Purchase returns Purchase discounts Gross
Presented below is information related to Oriole Inc. Cost $253,500 1,009,210 59,300 18,100 Retail $390,700 1,468,300 79,500 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) 1,434,100 99,100 118,600 39,600 44,200 20,400 41,300 8,000 4,700 Assuming that Oriole Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2021. (Round ratios for computational purposes to 0 decimal places, e.g 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using the conventional retail inventory method $
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