Robinette Incorporated applies the LIFO inventory costing method. At the end of the year, ending inventory at cost was $650,000, The estimated selling price of the ending inventory was $720,000, reasonably predictable costs to sell are $30,000 and a normal profit margin is approximately $80,000. The replacement cost of the goods at year-end was estimated to be $600,000. What amount should Robinette report as ending inventory? 1 a $650,000 b. $600,000 C. $600,000 d. $810,000 Ines +(9