Harvey's Junk Jewelry Started Business January 1, 2018, and Uses

Multiple Choice

Harvey's Junk Jewelry started business January 1, 2018, and uses the LIFO retail method to estimate ending inventory. Listed below is data accumulated for the year ended December 31, 2018:
-To the nearest thousand, the estimated ending inventory at cost is (round cost-to-retail ratio to whole percentage) :

A) $16,000.
B) $15,000.
C) $13,000.
D) $19,000.