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Presented below is information related to Tamarisk Company. Beginning Inventory Cost $ 1 4 8 , 7 4 0 and Retail $ 2 8 5

Presented below is information related to Tamarisk Company. Beginning Inventory Cost $148,740 and Retail $285,000 Purchases Cost is $1,359,000 and Retail is $2148,000 Markups Retail is $96,200 Markup cancellations is Retail is $16,300 Markdowns Retail is $31,800 Markdown cancellations is Retail is$47,000 Sales revenue Retail is $2,209,000. Compute the inventory by the conventional retail inventory method. Ending inventory using conventional retail inventory method.

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