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Presented below is information related to Skysong Company. Cost Retail Beginning inventory $150,815 $283,000 Purchases 1,369,000 2,130,000 Markups 93,200 Markup cancellations 14,700 Markdowns 35,900

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Presented below is information related to Skysong Company. Cost Retail Beginning inventory $150,815 $283,000 Purchases 1,369,000 2,130,000 Markups 93,200 Markup cancellations 14,700 Markdowns 35,900 Markdown cancellations 4,900 Sales revenue 2.186,000 Compute the inventory by the conventional retail inventory method. Ending inventory using conventional retail inventory method $

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