Carla Vista Company had a January 1 inventory of $299000 when it adopted dollar-value LIFO. During the year, purchases were $1710000 and sales were $2950000. December 31 inventory at year-end prices was $436800, and the price index was 112 . What is Carla Vista Company's gross profit? $2549080.$1341920.$1377800.$1295120. Wildhorse Company uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $475800 ( $724680) ), purchases during the current year at cost (retail) were $2507100 ( $4026000 ), freight-in totaled $157380, sales during the current year totaled $3660000, net markups were $87840 and net markdowns were $131760. What costs should be excluded from the cost to retail ratio? $87840.$131760.$43920.$157380