Data below for the year ended December 31, 2024, relates to Houdini Incorporated Houdini started business January 1, 2024, and uses the LIFO retail method to estimate ending inventory. Beginning inventory Net purchases Net markups Net markdowns Net sales Estimated ending inventory at cost is: Note: Do not round intermediate calculations. Multiple Choice $104,569. $100,850. Cost $ 76,000 355,000 $109,280. Retail $ 114,000 520,000 30,000 50,000 465,000

Data below for the year ended December 31,2024, relates to Houdini Incorporated Houdini started business January 1, 2024, and uses the LiFO retail method to estimate ending inventory. Estimated ending inventory at cost is: Note: Do not round intermediate calculations. Multiple Chaice $104,569 $100,850 $109,280