Current Attempt in Progress The following data concerning the retail inventory method are taken from the financial records of Crane Company Cost Retail $196000 $271000 Beginning inventory Purchases 896000 1250000 24600 Freight-in Net markups Net markdowns 80500 $7000 Sales 1444000 Assuming no change in the price level if the LIFO Inventory method were used in conjunction with the data, the ending inventory at cost would be O $72666 $97286 O $70061 O $74016