The records of Fairies and Elves Boutique report the following data for the month of April: Sales revenue 99,000 Purchases (at cost) Sales returns 2,000 Purchases(at sales price) Markups 10,000 Purchase returns (at cost) Markup cancellations 1,500 Purchase returns (at sales price) Markdowns 9,300 Beginning inventory (at cost) Markdown cancellations 2,800 Beginning inventory (at sales price) Freight on purchases 2,400 48,000 88,000 2,000 3,000 30,000 46,500 Required: Compute the ending inventory using the conventional retail inventory method (Round to two decimal places) (mark negative numbers and credits in journal entries with or 90/ do not use 5, do use commas) Inventory, beginning 30,000 46,500 Purchases 48,000 88,000 Purchase returns Freight Markups Markup cancellations Markups Markup cancellations Cost:Retail ratio Markdowns Markdown cancellations Goods available for sale Sales revenue Sales returns -9,300 2,800 133,500 -99,000 2,000 Inventory, ending at retail Inventory, ending at cost