Willie Nelson's Boots uses the conventional retail method to estimate ending inventory. Cost data for the most recent quarter is shown below: Cost Retail $48.000 $63,000 Beginning inventory Net purchases Net markups Net markdowns 153.000 215,000 22,000 35,000 221,000 Net sales To the nearest thousand, estimated ending inventory using the conventional retail method is (Do not round intermediate calculations): Multiple Choice $29,000. $31,000. O O $37,000. J O $35,000