Data below for the year ended December 31, 2021, relates to Houdini Inc. Houdini started business January 1, 2021, and uses the LIFO retail method to estimate ending inventory. . Beginning inventory Net purchases Net markups Net markdowns Net sales Cost Retail $ 68,000 $111,000 332,290 490,000 27,000 47,000 438,000 Estimated ending inventory at retail is: Multiple Choice O $32,000 O O O $192.400 $192,490 $143,000 ) n emann con