Presented below is information related to Culver Company. Cost Retail Beginning inventory $292,298 $276,000 Purchases 1,389,000 2,153,000 Markups 95,800 Markup cancellations 15,400 Markdowns 37,500 Markdown cancellations 4,600 Sales revenue 2,196,000 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 $