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

Sales Revenue 99,000

Sales Returns 2,000

Markups 10,000

Markup cancellations 1,500

Markdowns 9,300

Markdown cancellations 2,800

Freight on purchases 2,400

Purchases (at cost) 48,000

Purchases (at sales price) 88,000

Purchase returns (at cost) 2,000

Purchase returns (at sales price) 3,000

Beginning Inventory (at cost) 30,000

Beginning Inventory (at sales price) 46,500

Compute the inventory by the conventional retail inventory method