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The records of Montys Boutique report the following data for the month of April. Sales revenue $106,300 Purchases (at cost) $51,500 Sales returns 2,100 Purchases

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

Sales revenue

$106,300

Purchases (at cost)

$51,500

Sales returns

2,100

Purchases (at sales price)

88,500

Markups

10,100

Purchase returns (at cost)

2,100

Markup cancellations

1,700

Purchase returns (at sales price)

3,000

Markdowns

9,800

Beginning inventory (at cost)

17,564

Markdown cancellations

2,900

Beginning inventory (at sales price)

42,500

Freight on purchases

2,600

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

$enter the dollar amount of the ending inventory by the conventional retail inventory method rounded to 0 decimal places

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