Harvey's Junk Jewelry started business January 1, 2021, and uses the LIFO retail method to estimate ending inventory. Listed below is data accumulated for the year ended December 31, 2021: Cost Retail Beginning inventory $15,100 $23,100 Purchases 49,100 78,100 Freight-in 2,600 Purchase returns 1,800 2,700 Net markups 2,050 Net markdowns 4,200 Net sales Employee discounts 70,700 800 The estimated ending inventory at retail is: Multiple Choice $24,850. $26,200. $27,200. $26,400.