Bothell Co. uses the retail inventory method. The following information is available for the current year.

	Cost	Retail
Beg. Inventory	78,000	122,000
Purchases	295,000	415,000
Freight-In	5,000	-
Employee Discount	-	2,000
Net Markups	-	15,000
Net Markdowns	-	20,000
Sales	-	390,000

Under the lower-of-cost or market retail inventory method (i.e, conventional retail inventory method) the cost of the ending inventory is (round to the retail ratio to three decimals) a) 95,900

b) 94,9420

c) 102,480

d) $98,000