The records of Ellens Boutique report the following data for the month of April. Sales revenue $97,700 Purchases (at cost) $60,100 Sales returns 4,200 Purchases (at sales price) 99,000 Markups 13,300 Purchase returns (at cost) 4,200 Markup cancellations 1,200 Purchase returns (at sales price) 5,300 Markdowns 9,600 Beginning inventory (at cost) 32,560 Markdown cancellations 4,900 Beginning inventory (at sales price) 49,300 Freight on purchases 4,600 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 $