From the sales and purchases data of Telfer Company at January 31, 2017, the following data were available: Compute the ending inventory at cost as of January 31, 2017, using the retail method which approximates lower of cost or market. Your solution should be in good form with amounts clearly labeled. Compute the ending inventory at cost as of January 31, 2017, using the retail method which approximates LIFO cost. Your solution should be in good form with amounts clearly labeled