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The Broadway location of Joan's Fashion Apparel reported the following information for June 2020: Cost Retail Inventory 6/1/30 23,800 35,000 Purchases in June 155,500 245,700

The Broadway location of Joan's Fashion Apparel reported the following information for June 2020:
Cost Retail
Inventory 6/1/30 23,800 35,000
Purchases in June 155,500 245,700
Purchase returns 4,770 6,700
Transfers in from Flushing 12,880 18,200
Freight in 9,800
Markdowns 16,800
Markdown cancellations 5,600
Markups 15,000
Markup cancellations 8,400
Sales revenue 253,000
Sales returns 13,600
Employee discounts 9,260
Losses due to breakage 1,040
Joan's reports inventory using the conventional retail method. What ending inventory will Joan report on the 6/30/20 financial reports?

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