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Cha Cruz Enterprises ( this firm sells volleyballs ) had an inventory of $ 1 4 , 5 0 0 at cost and $ 2

Cha Cruz Enterprises (this firm sells volleyballs) had an inventory of $14,500 at cost and $23,800 at retail on June 30. During the next 3 months, they made purchases of $108,000 at cost and $170,000 at retail, and had Net Sales of $164,000. Use the retail method to estimate the value of inventory at cost on September 30.
Group of answer choices
$18,383.60
$18,883.60
$18,388.60
$18,833.60

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