12. The following information is in the inventory records of Deserts Studio for the year ended December 31. At Cost At Retail Beginning inventory NT$ 325,780 NT$ 755,458 Goods purchased 1,209,720 3,253,680 Sales .... 3,218,000 Sales returns. 33,000 Required: 1. Use the retail inventory method to estimate Deserts' ending inventory at cost at the year end. 2. If the year-end physical inventory at cost is NT$301,600, calculate the inventory loss at cost for Deserts Studio