Required Information [The following information applies to the questions displayed below.) SmithKline Company maintains inventory records at selling prices as well as at cost. For 2021, the records indicate the following data: (5 in Bees Cost Retail Beginning inventory $ 78 $ 123 Purchases 569 1.04 Freight-in on purchases Purchase returns Net arkups Net sarkdowns Net sales 2. Use the retail method to approximate cost of ending Inventory valued under Conventional method. (Enter your answer in thousands including 2 decimal places, le 12.550 would be 12.55) Ending inventory (5 in 000) Conventional