Data Summarizing the Inventory Activity During 2013 for a Merchandising

Data summarizing the inventory activity during 2013 for a merchandising company are (000's) : $$\begin{array} { | l | r| r| } \hline & \text { Cost } & \text { Retail } \\\hline \text {Beginning inventory. }&\$110&\$216\\\hline \text {Net purchases.. }&618&880\\\hline \text { Net mark-ups.}&24\\\hline \text { Net markdowns.}&(80) \\\hline \text {Goods available for sale. }&\$728&\$1,040\\\hline \text {Net sales. }&(880) \\\hline \text {Ending inventory at retail. }&\$160\\\hline\end{array}$$ The company uses the retail method of valuing inventory,at average,lower-of-cost-or-market.The 2013 inventory valuation is:

A) $99
B) $104
C) $112
D) $160