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Sunland Corporation had the following amounts, all at retail: Beginning inventory $ 3000 Purchases $ 139000 Purchase returns 5400 Net markups 15000 Abnormal shortage 3400
Sunland Corporation had the following amounts, all at retail: Beginning inventory $ 3000 Purchases $ 139000 Purchase returns 5400 Net markups 15000 Abnormal shortage 3400 Net markdowns 2200 Sales revenue 71000 Sales returns 1500 1300 2300 Employee discounts Normal shortage What is Sunland's ending inventory at retail using the conventional retail method? $75500. $76300. $72900. O $74200
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