The records of Blossom's Boutique report the following data for the month of April.

Sales revenue $100,000 Purchases (at cost) $44,600 Sales returns 2,000 Purchases (at sales price) 87,600 Markups 10,900 Purchase returns (at cost) 2,000 Markup cancellations 1,500 Purchase returns (at sales price) 2,900 Markdowns 8,500 Beginning inventory (at cost) 29,200 Markdown cancellations 2,700 Beginning inventory (at sales price) 48,400 Freight on purchases 2,300

Compute the ending inventory by the conventional retail inventory method.(Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)

Ending inventory using conventional retail inventory method