When you undertook the preparation of the financial statements for Pharoah Company at January 31, 2026, the following data were available: Inventory, February 1, 2025 Markdowns, net Markups, net Normal spoilage Abnormal spoilage Purchases Sales revenue Purchases returns and allowances Sales returns and allowances Estimated future returns related to January 2026 sales At Cost Ending inventory at lower-of-cost-or-market $112,600 7,358 246,000 5,000 At Retail $133,200 16,800 76860 58,400 11,200 13,400 329.600 375,200 6.000 11,200 Compute the ending inventory at cost as of January 31, 2026, using the retail method which approximates lower-of-cost-or-market. (Round cost to retail ratio to 2 decimal places, e.g. 15.25% and final answer to O decimal places, e.g. 5,125.) 4,800

When you undertook the preparation of the financial statements for Pharoah Company at January 31,2026 , the following data were avalable: Compute the ending inventoryat cost as of January 31,2026, using the retail method which approximates lower-of-cost-or-market. (Round cost to retall ratio to 2 decimal ploces, eg. 15.25% and final answer to 0 decimal places, eg. 5,125 ) Ending inventory at lower-of-cost-or-market $