Question 11 Presented below is information related to Manama Company. Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales Sales returns Retail Cost $380,000 $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). ALT EN510/Mach