$[$ASK $3-$RETAIL DOLLAR VALUE LIFO

Charlie Company's inventory on January $1,2025,$ at cost and retail are $$100,000$ and $$150,000,$ respectively. Charlie established its base year amounts on January $1,2025.$ The current year price index was $1,20.$ Charlie also had the following information:

$\backslash$table$[[,$Cost,Retail$],[$Purchases$,$$$200,000,$$$300,000$