Exercise $9-15($Algo$)$ Retail inventory method; LIFO $[$LO$9-3]$

Crosby Compan owns a chain of hardware stores throughout the state. The company uses a periodic inventory system and the retall inventory method to estime ending inventory and cost of goods sold. The following data are available:

$\backslash$table$[[,$Cost,Retail$],[$Beginning inventory,$$350,000,$$$450,000$