X Your answer is incorrect. Marigold Inc. had beginning inventory of $ 13,420 at cost and $ 22,000 at retail. Net purchases were $ 118,650 at cost and $ 165,700 at retail. Net markups were $ 10,100, net markdowns were $ 6,300, and sales revenue was $ 143,200. Compute ending inventory at cost using the LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answer to o decimal places, e.g. 28,987.) Ending inventory using LIFO retail method $ 31650 Blossom Inc. had beginning inventory of $ 32,400 at cost and $ 54,000 at retail. Net purchases were $ 324,000 at cost and $ 459,000 at retail. Net markups were $ 27,000, net markdowns were $ 18,900, and sales revenue was $ 396,900. Assume the price level increased from 100 at the beginning of the year to 115 at year-end. Compute ending inventory at cost using the dollar-value LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answer to O decimal places, e.g. 28,987.) Ending inventory using the dollar-value LIFO retail method $ ta 75473