Data below for the year ended December 31, 2021, relates to Houdini Inc. Houdini started business January 1 2021, and uses the LIFO retall method to estimate ending inventory Beginning inventory Net purchases Net markups Net markdowns Net sales Cost Retail $72,000 $108, Bee 309,760 460, eee 24,800 44,888 411,000 Current period cost-to-retail percentage is: Multiple Choice 70.4% 69.7% o 640 O 66,7% Data below for the year ended December 31, 2021, relates to Houdint Inc. Houdini started business January 1, 2021, and uses the LIFO retall method to estimate ending Inventory. Beginning inventory Net purchases Net markups Net markdowns Net sales cost Retail $ 66,080 $199,000 317,250 470,000 25,000 45,000 420,000 Estimated ending Inventory at cost is: (Do not found intermediate calculations): Multiple Choice $100,068 587150 $98,940 None of these answer choices are correct