What is blossoms ending inventory at retail, Accounting Basics

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What is blossoms ending inventory at retail

Problem: Blossom Corporation had the following amounts, all at retail:

Beginning inventory $4600

Purchases $130000

Purchase returns 7000

Net markups 23000

Abnormal shortage 5000

Net markdowns 3800

Sales 87000

Sales returns 2300

Employee discounts 2100

Normal shortage 3100

Required: What is Blossom's ending inventory at retail?

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