The following information is provided by Lane Company:

Cost Retail

Inventory, start of the period $ $65,000$ $ $85,000$

Net purchases during the period $215,000315,000$

Net sales for the period $295,000$

Using the retail inventory method, what is the estimated inventory at the end of the period?

a$.$ $$73,500$

b$.$ $$120,000$

c$.$ $$75,000$

d$.$ $$105,000$