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The records of Ellen's Boutique report the following data for the month of April.
Sales Revenue 95600
Sales Returns 1800
Markups 9500
Markup Cancellations 1400
Markdowns 8600
Markdown Cancellations 2700
Freight on purchases 2100
Purchases (@ Cost) 47200
Purchases (@ sales price) 85800
Purchase Returns (@ cost) 1800
Purchase Returns (@ sales) 2800
Beg Inventory @ cost 36103
Beg. Inventory @ sales 50600
Compute the ending inventory by the conventional retail inventory method
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