18.1 Homework Score: 0 of 1 pt 18.1.27 12 of 13 (9 complete) Use the inventory table and the gross profit inventory method to estimate the ending inventory and cost of goods sold if a 30% gross profit is realized on sales and net sales are $115,600. Units purchased Cost per Total Retail price Total retail unit cost per unit $35,280 $975 value $40,950 EMITT Date of purchase Beginning inventory February 5 February 19 42 20 16 $840 $1,760 $965 30 $490 108 81 27 March 3 Goods available for sale Units sold Ending inventory The estimated cost of goods sold is $ . $35,200 $2,125 $15,440 $1,996 $14,700 $590 $42,500 $31,936 $17,700 $133,086