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Would like to make sure my work is correct. my answer was $1,800. Question 3 (0.25 points) Multiple choice sample question A company uses the

Would like to make sure my work is correct. my answer was $1,800. image text in transcribed
Question 3 (0.25 points) Multiple choice sample question A company uses the cost retail inventory method to value its merchandise inventory. The following schedule is prepared for the current year (only partial information is included in this example): Cost Retail Beginning inventory $ 300 $ 500 Purchases 1,000 2,000 Net markups 1,000 Sales revenue Based on the given information, what is the ending inventory at retail? (Note: Check the answer that you think is correct) 1,300 2,800 1,800 1,200

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