Question 1 Presented below is information related to Manama Company Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales Sales returns Cost Retail S380,000 $400.000 1.850.000 3.200.000 150,000 40,000 49,000 9,000 3,300,000 150,000 Required: Compute the ending inventory at retail and at cost by the conventional retail inventory method (Show your calculations)