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Bramble Inc. had beginning inventory of $21,600 at cost and $36,000 at retail. Net purchases were $216,000 at cost and $306,000 at retail. Net markups

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Bramble Inc. had beginning inventory of $21,600 at cost and $36,000 at retail. Net purchases were $216,000 at cost and $306,000 at retail. Net markups were $10,000, net markdowns were $12,600, and sales revenue was 1264,600. Assume the price level increased from 100 at the beginning of the year to 115 at year-end. Compute ending inventory at cost using the dollar value LIFO retal method. (Round radios for computational purposes to I decimal place, 0.78.7% and final answer to o decimal places, e.g. 28,987) Ending inventory using the dollar-value LIFO retal method 54648

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