Riverbed Inc. had beginning inventory of $22,200 at cost and $28,300 at retail. Net purchases were $158,800 at cost and $203,000 at retail. Net markups were $10,200, net markdowns were $5,800, and sales were $193,000.

Brief Exercise 8-26 * Your answer is incorrect. Try again. Riverbed Inc. had beginning inventory of $22,200 at cost and $28,300 at retail. Net purchases were $158,800 at cost and $203,000 at retail. Net markups were $10,200, net markdowns were $5,800, and sales were $193,000. Calculate the ending inventory at cost using the retail method. (Round intermediate calculation to 2 decimal places, e.g. 15.21% and the final answer to 0 decimal places, e.g. 5,275.) X Ending inventory $ 42700 SHOW LIST OF ACCOUNTS LINK TO TEXT