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 $16,000 50,000 3,500 2,700 Retail $24,000 79,000 Beginning inventory Purchases Freight-in Purchase returns Net markups Net markdowns Net sales Employee discounts 3,600 2,500 5,100 71,600 1,700 The estimated ending inventory at retail is: Multiple Choice $26.300. O $23.500 $24.600. O $24,400