The records of Mandy's Boutique report the following data for the month of April.
Sales $97,100 Purchases (at cost) $65,300
Sales returns 3,600 Purchases (at sales price) 91,800
Markups 11,700 Purchase returns (at cost) 3,600
Markup cancellations 1,100 Purchase returns (at sales price) 5,000
Markdowns 9,100 Beginning inventory (at cost) 36,182
Markdown cancellations 4,300 Beginning inventory (at sales price) 50,400
Freight on purchases 4,100
Compute the inventory by the conventional retail inventory method.