do Sul, Co. uses the retail inventory method (RIM) to estimate ending inventory. If they...
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do Sul, Co. uses the retail inventory method (RIM) to estimate ending inventory. If they reported beginning inventory at cost of $65,800, beginning inventory at retail of $106,600, net purchases at cost of $592,200, net purchases at retail of $781,400, net markups of $160,000, net markdowns of $89,000, and net sales of $710,000, what would do Sul, Co. report as ending inventory on its balance sheet? Round your calculations to two decimals.
$249,000
$73,400
$171,810
$184,500
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