Holly and Ollie's Holiday Shops provides the following data for their year end inventory: Inventory at the beginning of the year $200,000 Purchases: 340,400 Retail sales for the year Cost Retail $320,000 460,000 429,000 The company uses the dollar-value LIFO retail method. The price index for the current year is 1.08. The beginning inventory is from the base year 1.00. What is the cost of inventory at year end. A $203,996 B $351,000 C $200,000 D $325,000