Smith-Kline Company maintains inventory records at selling prices as well as at cost. For 2024, the records indicate the following data: Beginning inventory Purchases Freight-in on purchases. Purchase returns Net markups Net markdowns Net sales (5 in thousands) Cost Retail $ 88 $ 133 679 1,014 38 1 2 3 7 924 2. Use the retail method to approximate cost of ending inventory valued under conventional method. Note: Enter your answer in thousands including 2 decimal places, i.e. 12,550 would be 12.55. Conventional Ending inventory ($ in 000s)