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Exercise 9-21 Presented below is information related to Ivanhoe Company. Cost $252,942 1,383,000 Beginning inventory...

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Exercise 9-21 Presented below is information related to Ivanhoe Company. Cost $252,942 1,383,000 Beginning inventory Purchases Markups Markup cancellations Markdowns Markdown cancellations Sales revenue Retail $281,000 2,119,000 94,300 15,600 33,200 5,000 2,228,000 Compute the inventory by the conventional retail inventory method. (Round ratios for computatio decimal places, e.g. 28,987.) Ending inventory using conventional retail inventory method

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