Blossom Company began operations on January $1,2019,$ adopting the conventional retail inventory system. None of the company merchandise was marked down in $2019$ and, because there was no beginning inventory, its ending inventory for $2019$ of $$38,600$ would have been the same under either the conventional retail system or the LIFO retail system.

On December $31,2020,$ the store management considers adopting the LIFO retail system and desires to know how the Decembe $2020,$ inventory would appear under both systems. All pertinent data regarding purchases, sales, markups, and markdowns are sh below. There has been no change in the price level.

$\backslash$table$[[,$Cost,,Retail$],[$Inventory$,$ Jan. $1,2020,$$$38,600,,$$$59,000$