Use the retail inventory method to calculate the value of ending inventory for an organization which has: A) An opening inventory at the cost of $850,000 and a retail value of $2,100,00. B) Purchases for the year totaled at cost $650,000 and the retail value of the purchases is $1,000,000 C) Sales of the year at retail totaled $2,650,000.00 D) Mark-ups of $80,000.00 and markdowns of $35,000 during the year.