The records of Monty Menswear report the following data for the month of September: Sales $117,500 Purchases (at cost) $61,400 Sales returns 2,900 Purchases (at sales price) 117,000 Additional markups 12,600 Purchase returns (at cost) 3,300 Markup cancellations 2,000 Purchase returns (at sales price) 4,400 Markdowns 10,000 Beginning inventory (at cost) 40,300 Markdown cancellations 3,400 Beginning inventory (at sales price) 48,600 Freight on purchases 4,200