Return to question Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, end of year cost Retail $ 57,200 $30,000 231,140 370,000 3,000 10,000 47.000 1.04 During 2022. purchases at cost and retail were $293,580 and $489,300, respectively Net markups, net mardowins, and net sales for the year were $7,000, $8,000, and $380,000, respectively. The retail price index at the end of 2022 was 106 Estimate ending inventory in 2022 using the dollar-value LIFO retail method. (Round your intermediate calculations to the nearest whole dollar. Round ratio calculation to the nearest whole percent.) Answer is complete but not entirely correct. Ending Inventory $ 68,213 Return to question Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, end of year cost Retail $ 57,200 $30,000 231,140 370,000 3,000 10,000 47.000 1.04 During 2022. purchases at cost and retail were $293,580 and $489,300, respectively Net markups, net mardowins, and net sales for the year were $7,000, $8,000, and $380,000, respectively. The retail price index at the end of 2022 was 106 Estimate ending inventory in 2022 using the dollar-value LIFO retail method. (Round your intermediate calculations to the nearest whole dollar. Round ratio calculation to the nearest whole percent.) Answer is complete but not entirely correct. Ending Inventory $ 68,213