Exercise 9-19 Presented below is information related to RickyHenderson Company. Cost Retail Beginnin

Exercise 9-19 Presented below is information related to RickyHenderson Company. Cost Retail Beginning inventory $ 217,874 $287,700 Purchases 1,438,000 2,142,000 Markups 95,200 Markupcancellations 16,000 Markdowns 40,100 Markdown cancellations 5,700Sales revenue 2,256,000 Compute the inventory by the conventionalretail inventory method. (Round ratios for computational purposesto 0 decimal places, e.g. 78% and final answer to 0 decimal places,e.g. 28,987.) Ending inventory using conventional retail inventorymethod . . .