2 Part 1 of 3 25 points eBook Print References Required Information Problem 9-13 (Algo) Retail inventory method; various applications [LO9-3, 9-4, 9-5] [The following information applies to the questions displayed below.] On January 1, 2024, Pet Friendly Stores adopted the retall Inventory method. Inventory transactions at both cost and retall, and cost Indexes for 2024 and 2025 are as follows: Beginning inventory Purchases Purchase returns Freight-in Net markups Net markdowns Net sales to customers Sales to employees (net of 25% discount) Normal spoilage Price Index: January 1, 2024 December 31, 2024 December 31, 2025 Problem 9-13 (Algo) Part 1 Estimated ending inventory at retail Estimated ending inventory at cost Estimated cost of goods sold 2024 15052 PERS 2012 30-40 2025 2024 125215 Cost $ 96,000 520,000 2,708 4,000 1.03 1.25 1.25 Retail $ 160,000 803,000 3,000 6,000 4,000 670,000 12,000 3,000 Cost Required: 1. Estimate the 2024 and 2025 ending Inventory and cost of goods sold using the dollar-value LIFO retall method. Note: Round your cost-to-retall percentage calculation to 2 decimal places (l.e., 0.1234 should be 12.34%) and final answers to the nearest whole dollar. $ 600,000 2,400 8,000 2025 Retail $ 950,000 5,750 8,209 6,200 620,000 12,000 4,088

Required Information Problem 9.13 (Algo) Retail inventory method; various applications [LO9-3, 9-4, 9-5] [The following information applles to the questions disployed below] On January 1, 2024, Pet Friendly Stores adopted the retall inventory method, Inventory transactions at both cost and retall, and cost indexes for 2024 and 2025 are as follows: Problem 9-13 (Algo) Part 1 Required: 1. Estumate the 2024 and 2025 ending inventory and cost of goods sold using the dollar-value LiFO retall method. Note: Round your cost-to-retall percentage colculation to 2 decimal places (l.e., 0.1234 should be 12.34% ) and final answers to the nearest whole dollor