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Eloise Corp. uses the FIFO retail inventory method and reports the following information Cost $21,450 Purchases Sales Net markups Beginning inventory Net markdowns ai $28,000

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Eloise Corp. uses the FIFO retail inventory method and reports the following information Cost $21,450 Purchases Sales Net markups Beginning inventory Net markdowns ai $28,000 24,800 1,000 3,000 400 2,100 What is the FIFO value of ending inventory for Eloise Corp.? O$5,100 O$5,068 O$5,004 O$5,053

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