11 Dakota Company had net sales (at retail) of $137,000. At Cost At Retail O.71 points Beginning inventory Cost of goods $32,600 $64,900 69,080 99,100 purchased ook The above additional information is available from its records. Use the retail inventory method to estimate Dakota's year-end inventory at cost. (Round cost ratio to the nearest whole percentage.) Hint Cost-to-Retail Ratio At Cost At Retail Print $ Beginning inventory 32,600 64,900 Cost of goods purchased 69,080 99,100 References Cost of goods available for sale 101,680 62% S 164,000 Net sales at retail Ending inventory 62%