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* Your answer is incorrect. Monty Inc. had beginning inventory of $22,700 at cost and $28,100 at retail. Net purchases were $155,700 at cost
* Your answer is incorrect. Monty Inc. had beginning inventory of $22,700 at cost and $28,100 at retail. Net purchases were $155,700 at cost and $219,000 at retail. Net markups were $11.800, net markdowns were $6,400, and sales were $191,000. Calculate the ending inventory at cost using the retail method. (Round intermediate calculation to 2 decimal places, eg. 15.21% and the final answer to O decimal places, eg. 5,275.) Ending inventory $ 42380
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