ASAP!!! Doing this problem a long time. This is what I got. Can somebody help me to finish it. Please.

Raleigh Department Store converted from the conventional retail method to the LIFO retail method on January 1, 2014, and is now considering converting to the dollar-value LIFO retail inventory method. Management requested, during your examination of the financial statements for the year ended December 31, 2016, that you furnish a summary showing certain computations of inventory costs for the past three years. Available information follows:

a.	The inventory at January 1, 2014, had a retail value of $36,000 and a cost of $29,570 based on the conventional retail method.
b.	Transactions during 2014 were as follows:

	Cost			Retail
Gross purchases	$	165,860		$	400,000
Purchase returns		5,600			29,000
Purchase discounts		4,100
Gross sales					323,000
Sales returns					10,000
Employee discounts					3,500
Freight-in		30,000
Net markups					16,000
Net markdowns					29,000

	Sales to employees are recorded net of discounts.
c.	The retail value of the December 31, 2015, inventory was $87,450, the cost-to-retail percentage for 2015 under the LIFO retail method was 67%, and the appropriate price index was 106% of the January 1, 2015, price level.
d.	The retail value of the December 31, 2016, inventory was $45,235, the cost-to-retail percentage for 2016 under the LIFO retail method was 66%, and the appropriate price index was 109% of the January 1, 2015, price level.

Required:

1.

Prepare a schedule showing the computation of the cost of inventory at December 31, 2014, based on the conventional retail method. (Amounts to be deducted should be indicated by a minus sign.)

	Cost	Retail	Cost-to-Retail Ratio
Beginning inventory	$29,570	$36,000
Add: Purchases	165,860	400,000
Add: Freight-in	30,000
Add: Net markups		16,000
Less: Purchase returns	(5,600)	wrong (29,000)
Less: Purchase discounts	wrong (4,100)
		423,000
Cost-to-retail percentage			wrong55%
Less: Net markdowns		(29,000)
Goods available for sale	$215,730	394,000
Less: Employee discounts		(3,500)
Less: Net sales		(313,000)
Estimated ending inventory at retail		$77,500
Estimated ending inventory at cost	wrong $42,431

2.

Prepare a schedule showing the computation of the cost of inventory at December 31, 2014, based on the LIFO retail method.

	Cost	Retail	Cost-to-Retail Ratio
Beginning inventory	$29,570	$36,000
Add: Purchases	165,860	400,000
Add: Freight-in	30,000
Add: Net markups		16,000
Less: Net markdowns		(29,000)
Less: Purchase discounts	(4,100)
Less: Purchase returns	(5,600)	(29,000)
Goods available for sale (excluding beginning inventory)	186,160	358,000
Goods available for sale (including beginning inventory)	215,730	394,000
Cost-to-retail percentage			wrong 55%
Less: Net sales		(313,000)
Less: Employee discounts		(3,500)
Estimated ending inventory at retail		$77,500
Estimated ending inventory at cost	$40,300

$40,300 is wrong and 55%

3.

Calculate the cost of inventory for December 31, 2015 and 2016, based on the dollar-value LIFO retail method.

Total ending inventory at dollar-value LIFO retail cost, 2015	$55,275
Total ending inventory at dollar-value LIFO retail cost, 2016	$27,390

$55, 275 is wrong