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Oriole Inc. had beginning inventory of $11,330 at cost and $20,600 at retail. Net purchases were $119,340 at cost and $181,000 at retail. Net markups

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Oriole Inc. had beginning inventory of $11,330 at cost and $20,600 at retail. Net purchases were $119,340 at cost and $181,000 at retail. Net markups were $9,500, net markdowns were $6,900, and sales revenue was $150,500. Compute ending inventory at cost using the LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answer to O decimal places, e.g. 28,987.) $ Ending inventory using LIFO retail method

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