Harlequin Co. adopted the dollar-value LIFO retail method at the beginning of 2021 (its base year). Its beginning inventory for 2021 was $36,500 at cost and $72,500 at retail prices. At the end of 2021, it computed its estimated ending inventory at retail to be $111,000. Assuming its cost-to-retail percentage for 2021 transactions was 50%, and that the retail price index at the end of 2021 was 1.2, what is the inventory balance that Harlequin Co. would report in its 12/31/2021 balance sheet? Multiple Choice $55,500 O $111.000 O $48,500. $46,250. O