Question: On January 1 , 2 0 2 4 , the Brunswick Hat Company adopted the dollar - value LIFO retail method. The following data are

On January 1,2024, the Brunswick Hat Company adopted the dollar-value LIFO retail method. The following data are available for 2024 :
\table[[Beginning inventory,Cost,Retail],[Net purchases,$72,420,$142,000
On January 1,2024, the Brunswick Hat Company adopted the dollar-value LIFO

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