The following data concerning the retail inventory method are taken from the financial records of Sandhill Company.

		Cost		Retail
Beginning inventory		$ 204000		$ 288000
Purchases		904000		1360000
Freight-in		24800
Net markups				80800
Net markdowns				56800
Sales				1424000

If the ending inventory is to be valued at approximately the lower of cost or market, the calculation of the cost-to-retail ratio should be based on goods available for sale at (1) cost and (2) retail, respectively of

A) 1,132,800 and 1,672,000

B) 1,132,800 and 1,648,000

C) 1,108,000 and 1,648,000

D) 1,132,800 and 1,728,800