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Vaughn Inc had beginning inventory of $11,160 at cost and $18,600 at retail. Net purchases were $141,750 at cost and $186,300 at retail. Net markups

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Vaughn Inc had beginning inventory of $11,160 at cost and $18,600 at retail. Net purchases were $141,750 at cost and $186,300 at retail. Net markups were $9,800, net markdowns were $7,100, and sales revenue was $158,300. Compute ending inventory at cost using the LIFO retail method. (Round ratios for computational purposes to 1 decimal place, eg. 78.7% and final answer to decimal places, eg. 28,987.) Ending Inventory using LIFO retail method $

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