Question 1 Presented below is information related to Manama Company Cont Retail Beginning inventory $670,000 $600,000 Purchases 1,550,000 2.960.000 Markups 135,000 Markup cancellations 60,000 Markdowns 42,000 Markdown 8,000 cancellations Sales 3.110,000 130,000 Sales return Required: Compute the ending inventory at retail and at cost by the conventional retail inventory method (Shamyur calculations). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). V Arial 10pt BIUS Paragraph I. X00