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TE Murdock Industries uses a periodic inventory system and the LIFO retail method to estimate its ending inventories. The following data has been summarized for

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TE Murdock Industries uses a periodic inventory system and the LIFO retail method to estimate its ending inventories. The following data has been summarized for December 31, 2021 Cost Retail Inventory, January 1 $120,000 $169,000 Purchases 160,119 542,000 Het borkus 15,200 Het markdowns 9,400 Het ses 526,000 Required: Ewmate the LIFO com of ending inventory. Assume stable retail prices during the period. (Do not round your "Cost-to-retail percentage and round your final answer to the nearest whole number) Emmando 5 127,800

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