The Baby Super Store uses the average cost retail inventory method to determine its ending inventory. The accounting records for the current year for the Baby Super Store contained the following informaiton:

	Cost	Retail
Beginning inventory	$18,600	$24,500
Purchases	59,500	84,000
Sales		95,000
Net Markups		5,167
Net markdowns		2,067

In addition the accounting record for Baby Super Store disclosed that freigh-in charges were $6,700. What is the ending inventory based on the cost to retail method?

Certain errors are listed Below.

		Effect
	Error	Cost of goods sold		Accounts Payable
a	Ending inventory is overstated because of a miscount
b	Merchandise received was not recorded in the physician count
c	Merchandise shipped FOB shipping point was not included in purchases or the ending physician count