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Presented below is information related to Sunland Company. Cost Retail Beginning inventory $374,710 $283,000 Purchases 1,393,000...

Presented below is information related to Sunland Company.

Cost

Retail
Beginning inventory $374,710 $283,000
Purchases 1,393,000 2,165,000
Markups 93,800
Markup cancellations 16,500
Markdowns 37,300
Markdown cancellations 4,500
Sales revenue 2,181,000


Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)

Ending inventory using conventional retail inventory method
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