ABC company has the following information is available for June 2019: Inventory, 1 June Purchases Purchase returns Cost $ 60,000 270,000 2,500 Retail $ 100,000 350,000 1,500 Freight-in Net markups Net markdowns Sales 5,500 9,500 16,000 400,000 Sales discount 3,500 If ABC company uses the cost method to determine its ending inventory at cost. what is the cost to retail ratio? 0000 A. 67.5% B. 75.3% C. 82.0% D. 57.0%