Acompany reported the following information regarding its inventory. beginning inventory: cost is $70,000; retail is $130,000 net purchases: cost is $65,000; retail is $120,000 sales at retail: $145,000 the year-end inventory showed $105,000 worth of merchandise available at retail prices. what is the cost of the ending inventory?
a. $135,000.
b. $73,125.
c. $78,300.
d. $72,900.
e. $105,000.
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