Barker Pet supply uses the conventional retail method to determine its ending inventory at cost. The following data are taken from the financial records. Cost Retail Beginning inventory $ 269,000 $ 329,000 Purchases 1,765,000 2,071,000 Net markups 100,000 Net markdowns (200,000) Sales (1,600,000)

a. What is the cost-to-retail percentage?

b. What is ending inventory at retail?

c. What is ending inventory at cost?