Problem 9-9 Presented below is information related to Monty Inc. Cost Retail $254,100 902,260 59,500 18,200 $395,900 1,472,200 79,700 Inventory, 12/31/17 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) 1,437,800 99,400 119,000 39,800 44,300 20,400 41,900 8,000 4,800 Assuming that Monty Inc. uses the conventional retail inventory method, compute the cost of its ending inventory at December 31, 2018. (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