Alfred Corp, uses the LIFO retail inventory method. Information about Alfred's inventory for the year ended...

 

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Alfred Corp, uses the LIFO retail inventory method. Information about Alfred's inventory for the year ended December 31, 2022 is shown below: Cost Retail $120,000 $200,000 300,000 380,000 60,000 40,000 Sales 100,000 What is the estimated cost of Alfred's inventory on December 31, 2022? (Do not round your intermediate calculations.) Beginning Inventory Purchases Net markups Net markdowns a Alfred Corp, uses the LIFO retail inventory method. Information about Alfred's inventory for the year ended December 31, 2022 is shown below: Cost Retail $120,000 $200,000 300,000 380,000 60,000 40,000 Sales 100,000 What is the estimated cost of Alfred's inventory on December 31, 2022? (Do not round your intermediate calculations.) Beginning Inventory Purchases Net markups Net markdowns a