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The following information are given about indian Trading Co

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The following information are given about indian Trading Co. Net sales $504,000: Net purchases $350.000 at retail price (cost $250.000): Markups $116,000: Markup cancellations $42.000 Markdowns 556.000; Markdown cancellations $22.000; Freight-in 530,000: Beginning inventory 5168,000 at retail price (cost $99.000). The company is using the retail method (the conventional method) REQUIRED: Calculate the following 1. The available for sale inventory at COST and at RETAIL 2. The net Markups and the net Markdowns 3. the cost-to-retail ratio. 4. Ending inventory at cost. For the toolban press ALT+F10 (PC or ALTEFN+F10 (Mac),