Shamrock Company began operations late in $2024$ and adopted the conventional retail inventory method. Because there was no

beginning inventory for $2024$ and no markdowns during $2024,$ the ending inventory for $2024$ was $$11,664$ under both the

conventional retail method and the LIFO retail method. At the end of $2025,$ management wants to compare the results of applying the

conventional and LIFO retail methods. There was no change in the price level during $2025.$ The following data are available for

computations.

Estimated theft

Compute the cost of the $2025$ ending inventory under both:

$($a$)$ The conventional retail method.

Ending inventory using the conventional retail method $

$($b$)$ The LIFO retail method.

Ending inventory at cost $

Ending inventory at retail $