Exercise $9-20($Algo$)$ Dollar$-$value LIFO retail $[$LO$9-5]$ wars $$21,000$ and its netail value was $$25,000.$ Information for $2024$ and $2025$ is ar lollow:

$\backslash$table$[[,$Ending Inoweriers,,$],[$bete$,$at Betail,Retail Frice INSIte,Cent$-$te$-$futeil Nereentage$],[12/315/2924,534,$ eees,$1\mathrm{.}10,$Bis$],[12,74/4035,545,6$ee$,3\mathrm{.}44,$BET$]]$

Aeepulred:

What is the costas retail percentage for the irvertocy on hand an $1/2024?$

Complete this queation by entering your answers in the tabs below.

Required $2$

Note: Round your answers bo the rearest whole dollar amount.

$\backslash$table$[[,7834,2015],[$Evaling inventory,$325\mathrm{.}100,]]$

Exercise $9-20($Algo$)$ Dollar$-$value LIFO retail $[$LO$9-5]$

Canova Corporation adopted the dollar$-$value LIFO retail method on January $1,2024.$ On that date, the cost of the inventory on hand was $$21,000$ and its retail value was $$25,000.$ Information for $2024$ and $2025$ is as follows:

$\backslash$table$[[$Date$,\backslash$table$[[$Ending Inventory$],[$at Retail$]],$Retail Price Index,$\backslash$table$[[$Cost$-$to$-$Retail$],[$Percentage$]]],[\frac{12}{31}\frac{?}{2024},$$$36,000,1\mathrm{.}20,86\%$