Presented below is information related to Sage Company. Cost Beginning inventory $201,049 Retail $278,000 Purchases 1,388,000 2,166,000 Markups 94,400 Markup cancellations 16,100 Markdowns 33,900 Markdown cancellations 5,100 Sales revenue 2,219,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to O decimal places, e.g. 78% and final answer to O decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method $ eTextbook and Media