Question 37 of 54 Presented below is information related to Windsor, Inc. Cost Retail Beginning inventory $399,500 $ 705,000 Purchases 1,786,000 3,149,000 Freight on purchases 76,140 Markups 164,500 Markup cancellations 131,600 Abnormal shortage 14,100 24,440 Markdowns 82,720 Markdown cancellations 11,280 Employee discounts 4,888 Sales revenue 3,360,500 Sales returns 94,000 Normal shortage 16,450 Purchase returns 20,680 38,540 Compute ending inventory by the conventional retail inventory method. (Round percentages for computational purposes to 1 decimal place, e.g. 0.4158 to 41.6% and final answer to O decimal places, e.g. 5,275.) Ending inventory ta