Presented below is information related to Pina Company. Cost Retail Beginning inventory $148,740 $285,000 Purchases 1,359,000 2,148.000 Markups 96,200 Markup cancellations 16,300 Markdowns 31,800 Markdown cancellations 4,700 2.209,000 Sales revenue Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to decimal places 5.78 and final answer to 0 decimal places, eg. 28,987.) Ending inventory using conventional retail inventory method $