K nces Harvey's Junk Jewelry started business January 1, 2024, and uses the LIFO retail method to estimate ending inventory. Listed below is data accumulated for the year ended December 31, 2024: Beginning inventory Purchases Freight-in Purchase returns Net markups Net markdowns Net sales Employee discounts The estimated ending inventory at retail is: Multiple Choice O O $23,600 $23,800. $25,900. Cost $ 16,400 50,400 3,900 3,100 $22,900. Retail $ 24,400 79,400 4,000 2,700 5,500 72,000 2,100 5

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