* Your answer is incorrect. Splish Inc. had beginning inventory of $ 33,600 at cost and $ 56,000 at retail. Net purchases were $ 336,000 at cost and $ 476,000 at retail. Net markups were $ 28,000, net markdowns were $ 19,600, and sales revenue was $ 411,600. Assume the price level increased from 100 at the beginning of the year to 115 at year-end. Compute ending inventory at cost using the dollar-value LIFO retail method. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answer to 0 decimal places, e.8. 28,987.) Ending inventory using the dollar-value LIFO retail method $ 78351.56 e Textbook and Media