The following information is available from TJ Foods Inc for the year ended December 31, 2019 At Cost At Retail Sales 100000 Purchases 48000 90000 Inventory January 1, 2019 24000 54000 Net Additional Markups 12000 Net Markdowns 6000 Required a)What is the inventory cost on December 31, 2019 under the average cost retail method (Non LCM)? b) What is the inventory cost on December 31, 2019 under the retail method on FIFO basis, LCM