Smith-Kline Company maintains inventory records at selling prices as well as at cost. For 2021, the records indicate the following data: ($ in 2005) Cost Retail Beginning inventory $ 82 $ 127 Purchases 673 1,008 Freight-in on purchases 32 Purchase returns 1 2 Net markups 3 Net markdowns 7 Net sales 918 Problem 9-9 (Algo) part 2 2. Use the retail method to approximate cost of ending inventory valued under Conventional method. (Enter your answer in thousands including 2 decimal places, I.e. 12,550 would be 12.55) Answer is complete but not entirely correct. Ending Inventory (s in 0005) Conventional 156.64