answer to part b lol

As of January 1, 2020, Bonita Inc. adopted the retail method of accounting for its merchandise inventory. To prepare the store's financial statements at June 30,2020 , you obtain the following data. Compute Bonita's June 30,2020 , inventory under the conventional retail method of accounting for inventories. (Round ratios for computational purposes to 0 decimal places, eg. 78% and final answer to 0 decimal places, e.g. 28,987.) Inventory under the conventional retail method Attempts: 1 of 3 used (b) Without prejudice to your solution to part (a), assume that you computed the June 30,2020 , inventory to be $62,640 at retail and the ratio of cost to retail to be 62%. The general price level has increased from 100 at January 1,2020 , to 108 at June 30,2020 . Compute the June 30,2020 , inventory at the June 30 price level under the dollar-value LIFO retail method, (Round ratios for computational purposes to 2 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)