Question - The records of Whispering's Boutique report the following data for the month of April.

Sales revenue - $101,000

Purchases (at cost) - $45,800

Sales returns - 1,800

Purchases (at sales price) - 91,400

Markups - 11,000

Purchase returns (at cost) - 1,800

Markup cancellations - 1,500

Purchase returns (at sales price) - 2,700

Markdowns - 9,900

Beginning inventory (at cost) - 31,280

Markdown cancellations - 2,600

Beginning inventory (at sales price) - 50,800

Freight on purchases - 2,200

Compute the ending inventory by the conventional retail inventory method.