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The records of Ellens Boutique report the following data for the month of April. Sales revenue $94,900 Purchases (at cost) $70,500 Sales returns 4,300 Purchases

The records of Ellens Boutique report the following data for the month of April.

Sales revenue $94,900 Purchases (at cost) $70,500
Sales returns 4,300 Purchases (at sales price) 96,600
Markups 12,400 Purchase returns (at cost) 4,300
Markup cancellations 1,400 Purchase returns (at sales price) 5,300
Markdowns 9,500 Beginning inventory (at cost) 29,459
Markdown cancellations 5,200 Beginning inventory (at sales price) 57,000
Freight on purchases 4,700

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

$

Please provide well detailed answer. Do not input different numbers other than the ones showed on screen

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