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9 On January 1,2018, Sanderson Variety Store adopted the dollar-value LIFO retail inventory method Accounting records provided the following information Cost Retail 8 33 points

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9 On January 1,2018, Sanderson Variety Store adopted the dollar-value LIFO retail inventory method Accounting records provided the following information Cost Retail 8 33 points Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, end of year $ 60,750 81,800 243,090 335,00 7,800 9,880 312,880 1.04 Estimate ending inventory using the dollar-value LIFO retail method. (Round your intermediate calculations to the nearest whole dollar.) Print Cost Retail Beginning inventory Plus. Net purchases 60 750 S 243 090 335.000 7000 Net markp Less Not markdowns Goods avallable for sale (excluding begnning invertory) Goods avanable tor sale includng beginning inventory 243 090 333.000 303 840 414,000 75% Base layer corsl to-retal peicerntage 2016 layer cost to-setal percentage Less Net sales 102,000 Eshimuied ening rventory at curent year retal prices Estimuted ending inventory at cos Eshimuated cost of goods sold (111,042

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