Question 20 of 20 < > Presented below is information related to Whispering Company. - / 0.65 Cost Retail Beginning inventory $47,471 $64,100 Purchases 342,000 499,000 Markups 21,700 Markup cancellations 3,500 Markdowns 9,300 Markdown cancellations 1,200 Sales revenue 511,000 Compute the inventory by the conventional retail inventory method. Ending inventory using conventional retail inventory method $ III