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Mc Qu. 85 On January 1, 2018, the Coldstone Corporation... On Januery 1, 2018, the Coldstone Corporation adopted the dollar-value LIFO retail inventory method. Beginning

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Mc Qu. 85 On January 1, 2018, the Coldstone Corporation... On Januery 1, 2018, the Coldstone Corporation adopted the dollar-value LIFO retail inventory method. Beginning inventory at cost and at retal were $170,000 and $273,000, respectively. Net purchases year were $9,000. There were no markdowns. Net sales for 2018 were $844.400. The retail price index at the end of 2018 was 105. What is the inventory balance that Coldstone would report in its 12/31/2018 balance sheet? (Do not round during the year at cost and at retail were $719,200 and respectively. Markups during the $327600 $202760 $262.080 5249600

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