Use the Following Information for Questions
the Following Data

Use the following information for questions
The following data concerning the retail inventory method are taken from the financial records of Stone Company. $\begin{array}{lcc}&\text { Cost } & \text { Retail }\\\hline\text { Beginning inventory } & \$ 49,000 & \$ 70,000 \\\text { Purchases } & 224,000 & 320,000 \\\text { Freight-in } & 6,000 & - \\\text { Net markups } & - & 20,000 \\\text { Net markdowns } & - & 14,000 \\\text { Sales } & - & 336,000\end{array}$
-Assuming no change in the price level if the LIFO inventory method were used in conjunction with the data, the ending inventory at cost would be

A) $42,600.
B) $42,000.
C) $40,800.
D) $43,200.