Cindy Lou Linens uses the conventional retail method to estimate its ending inventories. The company records sales net of employee discounts. The following partial data has been summarized for the year ended December 31, 2018: 
Required:
Compute the net markups for Cindy Lou Linens during 2018.
Definitions:
Abnormal Behaviour
Actions, thoughts, or feelings that are considered to deviate from what is typically or socially acceptable.
Mood Disorders
A category of mental disorders involving persistent disturbances in a person’s emotional state, leading to significant distress and impaired functionality.
Cognitive Factors
Mental processes like perception, memory, and problem-solving that influence how we think, learn, and behave.
Cognitive Theories
Frameworks focusing on understanding mental processes such as perception, memory, and decision-making.
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