Marigold Inc. had beginning inventory of $9,600 at cost and $16,000 at retail. Net purchases were $96,000 at cost and $136,000 at retail. Net markups were $8,000, net markdowns were $5,600, and sales revenue was $117,600. Assume the price level increased from 100 at the beginning of the year to 115 at year-end. Compute ending inventory at cost using the dollar-value LFO retall method. (Round ratios for computational purposes to 1 decimal ploce. es. 78.78 and finel answer to 0 decimal ploces, 5.28,987. Ending inventory using the dollar-value LIFO retali method S