Question 10 of 16 View Policies Show Attempt History Current Attempt in Progress Your answer is incorrect. The records of Metlock's Boutique report the following data for the month of April. Sales revenue $101,000 Purchases (at cost) $45,800 Sales returns 1,800 Purchases (at sales price) 91,400 Markups 11,000 Purchase returns (at cost) 1,800 Markup cancellations 1,500 Purchase returns (at sales price) 2,700 Markdowns 9,900 Beginning inventory (at cost) 31,280 Markdown cancellations 2,600 Beginning inventory (at sales price) 50,800 Freight on purchases 2,200 0/10 = Compute the ending inventory by the conventional retail inventory method. (Round ratios for computational purposes to O decimal places, e.g. 78% and final answer to O decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method