Concord Inc. had beginning inventory of $10,800 at cost and $18,000 at retailNet purchases were $110,000 at cost and $153,000 at retail. Net markups were $ 9,000, net markdowns were $6,300 , and sales revenue was $ 132,300. 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 retail method. ( Round ratios for computational purposes to 1 decimal place eg78.7% and final