the records for the Clothing Department of Sharapova's Discount Store are summarized below for the month of january ($ in thousands). inventory, january 1: at retail $200,000; at cost $136,000 purchases in january: at retail $1,096,000; at cost $660,000 freight-in: $56,000 purchase returns: at retail $24,000; at cost $18,400 transfers-in from suburban branch: at retail $104,000; at cost $73,600 net markups: $64,000 net markdowns: $32,000 inventory losses due to normal breakage, etc.: at retail $3,200 sales at retail: $760,000 sales returns: $19,200

instructions: 1. Compute the inventory for this company as of January 31, at retail prices. 2. Compute the ending inventory using conventional method. 3. Compute the ending inventory using cost method.