Dryer Corporation Had the Following Amounts, All at Retail What Is Dryer's Ending Inventory at Retail?
A)$34,400

Multiple Choice

Dryer Corporation had the following amounts, all at retail: $$\begin{array} { l r l r } \text { Beginning inventory } & \$ 3,600 & \text { Purchases } & \$ 100,000 \\\text { Purchase returns } & 6,000 & \text { Net markups } & 18,000 \\\text { Abnormal shortage } & 4,000 & \text { Net markdowns } & 2,800 \\\text { Sales } & 72,000 & \text { Sales returns } & 1,800 \\\text { Employee discounts } & 1,600 & \text { Normal shortage } & 2,600\end{array}$$ What is Dryer's ending inventory at retail?

A) $34,400.
B) $36,000.
C) $37,600.
D) $38,400