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On January 1, 2021, the Coldstone Corporation adopted the dollar-value LIFO retail Inventory method. Beginning inventory at cost and at retail were $180,000 and $278,250,

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On January 1, 2021, the Coldstone Corporation adopted the dollar-value LIFO retail Inventory method. Beginning inventory at cost and at retail were $180,000 and $278,250, respectively. Net purchases during the year at cost and at retail were $735,200 and $907,000, respectively. Markups during the year were $12,000. There were no markdowns. Net sales for 2021 were $866,500. The retail price index at the end of 2021 was 105. What is the Inventory balance that Coldstone would report in its 12/31/2021 balance sheet? (Do not round intermediate calculations.) Multiple Choice O $252.000 $330,750 5210,870 O $264.600

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