Question 8 Not yet answered Marked out of t p Has question Garrison Company wes the retail method of inventory costing It started the year with an inventory that had a retail cost of $36,000. During the year, Garrison purchased an inventory with a retail sales value of 564,000. After performing a physical inventory, Garnison calculated the inventory at retail to be $30,000. The mark up is 62% of cost Determine the ending inventory at its estimated cost Select one: a. $18.600 b. $30,000 540,000 d. 000