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At December 31, 2025, the following information was available from Blossom Co.'s accounting records: Inventory, 1/1/25 Purchases Additional markups Available for sale Cost O $93842.
At December 31, 2025, the following information was available from Blossom Co.'s accounting records: Inventory, 1/1/25 Purchases Additional markups Available for sale Cost O $93842. O $107346. O $288002. O $100594. $145000 783000 $928000 Retail $201000 1105000 40000 $1346000 Sales for the year totaled $1200000. Markdowns amounted to $9800. Under the lower-of-cost-or-market retail inventory method, Blossom's inventory at December 31, 2025 was (Round cost-to-retail ratio percentages to 1 decimal places, e.g. 52.7% = 0.527.)
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