Problem 9-09 Presented below is information related to Cheyenne Inc. Cost $ 253,300 927,853 59,900 18,300 Retail $394,400 1,482,100 79,400 | 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) | 1,405,900 96,100 119,800 39,600 44,600 19,700 | | 42,200 8,100 4,200 Assuming that Cheyenne Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2021. (Round ratios for computational purposes to O decimal places, e.g 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using the conventional retail inventory method