Brief Exercise 9-12 waterway Inc. had beginning inventory of $.13,780 at cost and $21,200 at retall. Net purchases were $127,709 at cost and167,100 at retail. Net markups were10.100, net markdowns were7,600, and sales revenue was $134,100. Compute ending inventory at cast using the LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using LIFO retail mcthod ng invento to 1 decimsipsts $167 ma g. 78.7% and Fa markups we