Brief Exercise 9-12 Concord Inc, had beginning inventory of $11.970 at cost and $21,000 at retail. Net purchases were $121,160 at cost and $183,000 at retail, Net markups were $10,900, net markdowns were $7,500, and sales revenue was $160,000. Compute ending inventory at cost using the UFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.796 and fina answer to O decimal places, e.g. 28,987.) Ending Inventory using LIFO retal methods Click if you would like to show Work for this question: Open Show Work