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7 available for 2021 15 points Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, 12/31/2021 Cost Retail $ 89,620 $

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7 available for 2021 15 points Beginning inventory Net purchases Net markups Net markdowns Net sales Retail price index, 12/31/2021 Cost Retail $ 89,620 $ 139,000 125,000 254,000 9,000 13,000 221,089 1.es Book Hint Required: Calculate the estimated ending Inventory and cost of goods sold for 2021 using the information provided intermediate calculations.) Print References $ Ending inventory at retail Ending inventory at cost Cost of goods sold 205,620 205,620 s Mc Graw Hill

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