please comupte a: ending inventory using conventional retail method & b:Ending inventory using LIFO retail method . Thank you!

Swifty Compaity began operations on Janwary 1,2024, adopting the commtionalretalinventory syitem None of the companys Frechandive was marked dewn in 2024 and, because there was no beginning inventary, its ending inventary for 2024 of 548,980 would have been the same under cither the conwentional retail system or the LIFO retail system. On December.31, 2025, the store mansgement considers adopting the LIFO retail system and desires to know how the December 31 , 2025, inventory would appear under both sysems. Alf pertinent data regarding purchases, saies, markups, and mar kdowns are shown below. Therehas been no change in the price level. Deterinine the cost od the 2025 ending inventory ander both (a) the comveritional retail anethod and (b) the Lifo retall oxethod (Round folar for coniputational purposes to 2 dechnal ploce, es, 78.72% and finol answers to 0 decimal places es 28,9073 . (a) Eraling linoentory oting comventional tretall method 5