When you undertook the preparation of the financial statements for Sandhill Company at January 31, 2021, the following data were available: At Cost $74,245 Inventory, February 1, 2020 Markdowns Markups Markdown cancellations Markup cancellations Purchases Sales revenue Purchases returns and allowances Sales returns and allowances At Retail $98,800 34,400 62,600 20,800 9,300 293,000 330,000 5,800 10.800 216,000 4,700 Compute the ending inventory at cost as of January 31, 2021, using the retail method which approximates lower of cost or market. Ending inventory at cost $ $ Save for Later Attempts: 0 of 1 used Submit