Use this information for the following three questions:

The following data is available for Kroos Company. Kroos uses the retail inventory method to determine inventory. Sales revenue is recorded net of employee discounts, which totaled $2,000 in one year.

(1) Cost (2) Retail

Beginning Inventory (1) 77,000 (2)103,000

Purchases (1)193,000 (2)288,000

Purchase Returns (1)5,000 (2)8,000

Abnormal Spoilage (1)2,700 (2)4,300

Amount in ($)

Freight-In 7,000

Markdowns 18,000

Normal Spoilage 7,800

Markdown Cancellations 6,000

Sales returns 6,000

Markups 19,000

Sales Revenue 218,000

Markup Cancellations 9,500

29. If Kroos uses conventional retail inventory method, ending inventory approximately?

30. If Kroos uses average cost retail inventory method, ending inventory is approximately:

31. If Kroos uses LIFO retail inventory method, ending inventory (assuming all markups, markdowns, and abnormal spoilage are associated with purchases) is approximately: