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Wildhorse Inc. had beginning inventory of $13,200 at cost and $21,900 at retail. Net purchases were $129,013 at cost and $168,500 at retail. Net markups

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Wildhorse Inc. had beginning inventory of $13,200 at cost and $21,900 at retail. Net purchases were $129,013 at cost and $168,500 at retail. Net markups were $9,900, net markdowns were $7,300, and sales revenue was $150,400. Compute ending inventory at cost using the conventional retail method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.8. 28,987.) Ending inventory using the conventional retail method

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