Question 37 View Policies Show Attempt History Current Attempt in Progress Presented below is information related to Splish Brothers, Inc. Cost Retail Beginning inventory $476,000 $840,000 Purchases 2,128,000 3,752,000 Freight on purchases 90.720 Markups 196.000 Markup cancellations 156,800 Abnormal shortage 16,800 29,120 98,560 Markdowns Markdown cancellations 13.440 Employee discounts 5,824 Sales revenue 4,004,000 Sales returns 112,000 Normal shortage 19,600 Purchase returns 24,640 45.920 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 decimal places, eg. 5,275.) Ending inventory $